£576,511
This estimated value is based upon the latest sale price for the house of £126,995 on 25 Jan 1999. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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209 Station Lane, Hornchurch, RM12 6LL
Phone: 01708573759
Price Paid | Date |
---|---|
£126,995 | 25 Jan 1999 |
Semi-Detached |
Freehold |
Floor Area: 93 sq meters or 1,009 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 January 1999 the House Price Index for GREATER LONDON was 32.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 353.964%.Applying this 353.964% change to the original purchase price of £126,995 results in an estimated price of approximately £576,511.
25 Jan 1999 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
32.7 | 148.6 | 353.964 % | £126,995 | £449,516 | £576,511 |
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 | 353.805 % | £449,315 | £576,310 |
3 Month Average | 363.777 % | £461,978 | £588,973 |
6 Month Average | 374.992 % | £476,221 | £603,216 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Aug 2023 | £655,737 | £650,000 | 7 VAUGHAN AVENUE |
6 Jan 2023 | £432,961 | £435,000 | 13 ASCOT GARDENS |
9 Aug 2022 | £694,132 | £696,000 | 64 HACTON DRIVE |
9 Aug 2022 | £553,510 | £555,000 | 18 ASCOT GARDENS |
27 May 2022 | £586,043 | £575,000 | 22 ASCOT GARDENS |
This house has a floor area of 93 sq meters or 1,009 sq feet when measured on 5 Apr 2011. Using an estimated price of £576,512 means this house is valued at £6,148 per sq meter (£571 per sq foot).
The average size of a house on HACTON DRIVE is 97 sq meters (1,053 sq feet).