£237,039
This estimated value is based upon the latest sale price for the house of £78,500 on 4 Mar 2002. 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 |
---|---|
£78,500 | 4 Mar 2002 |
£52,500 | 14 May 1999 |
Flats/Maisonettes |
Leasehold |
Floor Area: 51 sq meters or 548 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 March 2002 the House Price Index for GREATER LONDON was 49.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 201.961%.Applying this 201.961% change to the original purchase price of £78,500 results in an estimated price of approximately £237,039.
4 Mar 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
49.2 | 148.6 | 201.961 % | £78,500 | £158,539 | £237,039 |
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 | 268.463 % | £210,743 | £289,243 |
3 Month Average | 165.752 % | £130,115 | £208,615 |
6 Month Average | 226.702 % | £177,960 | £256,460 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Sep 2023 | £324,145 | £320,000 | 12 WHITMORE AVENUE |
30 Jan 2023 | £245,842 | £247,000 | 10 COLUMBINE WAY |
22 Nov 2022 | £247,008 | £250,000 | 20 JUNIPER WAY |
21 Oct 2022 | £262,177 | £265,000 | 8 JUNIPER WAY |
29 Sep 2022 | £674,553 | £680,000 | 3 MASON DRIVE |
This house has a floor area of 51 sq meters or 548 sq feet when measured on 3 Mar 2017. Using an estimated price of £237,040 means this house is valued at £4,647 per sq meter (£431 per sq foot).
The average size of a house on JUNIPER WAY is 66 sq meters (710 sq feet).