£286,883
This estimated value is based upon the latest sale price for the house of £230,000 on 29 May 2018. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
Get our free house price tracker.
179 Squirrels Heath Lane, Hornchurch, RM11 2DX
Phone: 01708573002
Price Paid | Date |
---|---|
£230,000 | 29 May 2018 |
£190,500 | 26 Jul 2016 |
£115,000 | 16 Oct 2009 |
£115,000 | 23 Jan 2006 |
£54,995 | 16 Mar 2001 |
£39,000 | 5 Dec 1997 |
Flats/Maisonettes |
Leasehold |
Floor Area: 66 sq meters or 710 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 2018 the House Price Index for GREATER LONDON was 119.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.732%.Applying this 24.732% change to the original purchase price of £230,000 results in an estimated price of approximately £286,883.
29 May 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.1 | 148.6 | 24.732 % | £230,000 | £56,883 | £286,883 |
The Postcode Pricing Model uses changes in average sales price within the RM3 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 | 7.535 % | £17,329 | £247,329 |
3 Month Average | -3.718 % | £-8,550 | £221,449 |
6 Month Average | 10.368 % | £23,846 | £253,846 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Aug 2023 | £232,030 | £230,000 | 5 RAMSAY GARDENS |
27 Jun 2023 | £409,966 | £405,000 | 20 LAUNCESTON CLOSE |
9 Jun 2023 | £399,843 | £395,000 | 42 STRAIGHT ROAD |
31 Mar 2023 | £413,899 | £410,000 | 29 RAMSAY GARDENS |
24 Mar 2023 | £242,283 | £240,000 | 9 RAMSAY GARDENS |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 29 Jan 2018. Using an estimated price of £286,883 means this house is valued at £4,346 per sq meter (£403 per sq foot).
The average size of a house on MARLOWE GARDENS is 102 sq meters (1,097 sq feet).
This house is the smallest in the street with a floor area of 66 sq meters (710 sq feet).