£264,114
This estimated value is based upon the latest sale price for the house of £250,000 on 4 Feb 2022. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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63-65 Station Lane, Hornchurch, RM12 6JU
Phone: 01708629566
| Price Paid | Date |
|---|---|
| £250,000 | 4 Feb 2022 |
| £150,514 | 16 Mar 2000 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 65 sq meters or 699 sq feet |
This model uses changes in the Official Land Registry House Price Index for GREATER LONDON to estimate the market value.
When this house was purchased in February 2022 the House Price Index for GREATER LONDON was 141.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 5.646%.Applying this 5.646% change to the original purchase price of £250,000 results in an estimated price of approximately £264,114.
| 4 Feb 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 149.7 | 5.646 % | £250,000 | £14,114 | £264,114 |
The Postcode Pricing Model uses changes in average sales price within the RM12 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 22.943 % | £57,357 | £307,357 |
| 3 Month Average | 6.939 % | £17,347 | £267,347 |
| 6 Month Average | 13.319 % | £33,297 | £283,297 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Sep 2023 | £376,295 | £368,000 | GROUND FLOOR SHOP 9 STATION LANE |
| 6 Apr 2022 | £269,730 | £260,000 | FLAT 23 DRAPER COURT MAVIS GROVE |
| 4 Feb 2022 | £264,114 | £250,000 | FLAT 37 DRAPER COURT MAVIS GROVE |
| 10 Dec 2021 | £296,810 | £275,000 | FLAT 32 DRAPER COURT MAVIS GROVE |
| 9 Nov 2021 | £179,771 | £165,000 | OFFICE 2 RIPON HOUSE, 35 STATION LANE |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 10 Feb 2017. Using an estimated price of £264,114 means this house is valued at £4,063 per sq meter (£377 per sq foot).
The average size of a house on MAVIS GROVE is 60 sq meters (650 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Mavis Grove |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mavis Grove |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Mavis Grove |
| Jul 2024 | Anti-social behaviour | On or near Mavis Grove | |
| Jul 2024 | Anti-social behaviour | On or near Mavis Grove |