£296,536
This estimated value is based upon the latest sale price for the house of £290,000 on 15 Sep 2023. 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 |
|---|---|
| £290,000 | 15 Sep 2023 |
| £262,000 | 17 Jun 2014 |
| £215,000 | 28 Oct 2005 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 89 sq meters or 957 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 September 2023 the House Price Index for GREATER LONDON was 146.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.254%.Applying this 2.254% change to the original purchase price of £290,000 results in an estimated price of approximately £296,536.
| 15 Sep 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 149.7 | 2.254 % | £290,000 | £6,536 | £296,536 |
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 | 62.948 % | £182,550 | £472,550 |
| 3 Month Average | 8.266 % | £23,972 | £313,972 |
| 6 Month Average | 6.292 % | £18,245 | £308,245 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £233,425 | £227,500 | FLAT 18 NYALL COURT KIDMAN CLOSE |
| 15 Sep 2023 | £296,537 | £290,000 | 27 SOUTH BLOCK THE RAILSTORE KIDMAN CLOSE |
| 1 Aug 2023 | £184,324 | £181,000 | FLAT 1 NYALL COURT KIDMAN CLOSE |
| 15 Jun 2023 | £332,667 | £326,000 | 48 SOUTH BLOCK THE RAILSTORE KIDMAN CLOSE |
| 14 Nov 2022 | £278,796 | £280,100 | FLAT 22 NYALL COURT KIDMAN CLOSE |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 26 Jan 2019. Using an estimated price of £296,537 means this house is valued at £3,331 per sq meter (£309 per sq foot).
The average size of a house on KIDMAN CLOSE is 60 sq meters (646 sq feet).