£198,777
This estimated value is based upon the latest sale price for the house of £115,000 on 16 Aug 2011. 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 |
|---|---|
| £115,000 | 16 Aug 2011 |
| £94,000 | 30 Sep 2002 |
| £58,500 | 28 Jul 2000 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 66 sq meters or 720 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 August 2011 the House Price Index for GREATER LONDON was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.850%.Applying this 72.850% change to the original purchase price of £115,000 results in an estimated price of approximately £198,777.
| 16 Aug 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.850 % | £115,000 | £83,777 | £198,777 |
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 | 128.429 % | £147,693 | £262,693 |
| 3 Month Average | 57.555 % | £66,188 | £181,188 |
| 6 Month Average | 96.574 % | £111,060 | £226,060 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Aug 2023 | £232,030 | £230,000 | 5 RAMSAY GARDENS |
| 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 |
| 26 Jan 2023 | £462,820 | £465,000 | 52 MASEFIELD CRESCENT |
This house has a floor area of 66 sq meters or 720 sq feet when measured on 15 Sep 2010. Using an estimated price of £198,778 means this house is valued at £2,968 per sq meter (£275 per sq foot).
The average size of a house on SHENSTONE GARDENS is 76 sq meters (824 sq feet).