£430,591
This estimated value is based upon the latest sale price for the house of £340,000 on 11 Dec 2017. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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179 Squirrels Heath Lane, Hornchurch, RM11 2DX
Phone: 01708573002
| Price Paid | Date |
|---|---|
| £340,000 | 11 Dec 2017 |
| £254,800 | 17 Apr 2014 |
| £265,000 | 8 Feb 2008 |
| £265,000 | 4 Nov 2005 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 83 sq meters or 893 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 December 2017 the House Price Index for GREATER LONDON was 118.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.645%.Applying this 26.645% change to the original purchase price of £340,000 results in an estimated price of approximately £430,591.
| 11 Dec 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.2 | 149.7 | 26.645 % | £340,000 | £90,591 | £430,591 |
The Postcode Pricing Model uses changes in average sales price within the RM2 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 | 50.044 % | £170,149 | £510,149 |
| 3 Month Average | 13.473 % | £45,808 | £385,808 |
| 6 Month Average | 12.572 % | £42,745 | £382,745 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Oct 2023 | £337,669 | £330,000 | 6 NORTH BLOCK THE RAILSTORE KIDMAN CLOSE |
| 15 Sep 2023 | £296,537 | £290,000 | 27 SOUTH BLOCK THE RAILSTORE KIDMAN CLOSE |
| 15 Jun 2023 | £332,667 | £326,000 | 48 SOUTH BLOCK THE RAILSTORE KIDMAN CLOSE |
| 4 Apr 2023 | £305,718 | £300,000 | 18 NORTH BLOCK THE RAILSTORE KIDMAN CLOSE |
| 23 Jan 2023 | £350,938 | £350,000 | 19 NORTH BLOCK THE RAILSTORE KIDMAN CLOSE |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 19 Oct 2013. Using an estimated price of £430,592 means this house is valued at £5,187 per sq meter (£481 per sq foot).
The average size of a house on KIDMAN CLOSE is 60 sq meters (646 sq feet).