£340,970
This estimated value is based upon the latest sale price for the house of £117,000 on 10 May 2002. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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39 Station Lane, Hornchurch, RM12 6JL
Phone: 01708573535
Price Paid | Date |
---|---|
£117,000 | 10 May 2002 |
Flats/Maisonettes |
Leasehold |
Floor Area: 60 sq meters or 645 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 May 2002 the House Price Index for GREATER LONDON was 51.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 191.428%.Applying this 191.428% change to the original purchase price of £117,000 results in an estimated price of approximately £340,970.
10 May 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
51.0 | 148.6 | 191.428 % | £117,000 | £223,970 | £340,970 |
The Postcode Pricing Model uses changes in average sales price within the RM11 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 | 127.335 % | £148,982 | £265,982 |
3 Month Average | 128.084 % | £149,857 | £266,857 |
6 Month Average | 148.109 % | £173,287 | £290,287 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Feb 2023 | £167,887 | £168,000 | FLAT 9 NEALE COURT UPMINSTER ROAD |
13 Oct 2022 | £296,804 | £300,000 | FLAT 2 SPIRE VIEW COURT, 35 UPMINSTER ROAD |
4 Aug 2022 | £685,156 | £687,000 | 22 WINGLETYE LANE |
10 Jun 2022 | £543,683 | £536,000 | 46 GLANVILLE DRIVE |
5 Apr 2022 | £143,142 | £139,000 | FLAT 7 NEALE COURT UPMINSTER ROAD |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 6 Mar 2020. Using an estimated price of £340,970 means this house is valued at £5,682 per sq meter (£527 per sq foot).
The average size of a house on UPMINSTER ROAD is 72 sq meters (785 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Other theft | Under investigation | On or near Glanville Drive |
Dec 2023 | Violence and sexual offences | Under investigation | On or near Glanville Drive |
Jan 2024 | Other theft | Under investigation | On or near Upminster Road |
Jan 2024 | Public order | Under investigation | On or near Upminster Road |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Upminster Road |