£499,085
This estimated value is based upon the latest sale price for the house of £405,000 on 23 Oct 2018. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Elm Parade, St. Nicholas Avenue, Hornchurch, RM12 4RH
Phone: 01708874952
| Price Paid | Date |
|---|---|
| £405,000 | 23 Oct 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 74 sq meters or 796 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 October 2018 the House Price Index for GREATER LONDON was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.231%.Applying this 23.231% change to the original purchase price of £405,000 results in an estimated price of approximately £499,085.
| 23 Oct 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.231 % | £405,000 | £94,085 | £499,085 |
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 | 6.688 % | £27,086 | £432,086 |
| 3 Month Average | 15.783 % | £63,921 | £468,921 |
| 6 Month Average | 17.557 % | £71,105 | £476,105 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Mar 2024 | £510,000 | £510,000 | 2 MAPLE CLOSE |
| 7 Jul 2023 | £542,299 | £535,000 | 30 EYHURST AVENUE |
| 20 Feb 2023 | £499,664 | £500,000 | 84 WARREN DRIVE |
| 27 Jan 2023 | £602,163 | £605,000 | 32 EYHURST AVENUE |
| 17 Oct 2022 | £623,289 | £630,000 | 154 WARREN DRIVE |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 29 Sep 2015. Using an estimated price of £499,085 means this house is valued at £6,744 per sq meter (£626 per sq foot).
The average size of a house on WARREN DRIVE is 100 sq meters (1,082 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Under investigation | On or near Warren Drive |
| Jan 2024 | Anti-social behaviour | On or near Willow Close | |
| Jan 2024 | Anti-social behaviour | On or near Willow Close | |
| Jan 2024 | Anti-social behaviour | On or near Willow Close | |
| Jan 2024 | Anti-social behaviour | On or near Beech Close |