£677,289
This estimated value is based upon the latest sale price for the house of £392,000 on 23 Sep 2011. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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120 North Street, Hornchurch, RM11 1SU
Phone: 02081150913
| Price Paid | Date |
|---|---|
| £392,000 | 23 Sep 2011 |
| Semi-Detached |
| Freehold |
| Floor Area: 121 sq meters or 1,310 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 September 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 72.778%.Applying this 72.778% change to the original purchase price of £392,000 results in an estimated price of approximately £677,289.
| 23 Sep 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.778 % | £392,000 | £285,289 | £677,289 |
The Postcode Pricing Model uses changes in average sales price within the RM11 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 | 150.785 % | £591,075 | £983,075 |
| 3 Month Average | 77.489 % | £303,756 | £695,756 |
| 6 Month Average | 50.970 % | £199,802 | £591,802 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £265,648 | £261,000 | FLAT 7 CHARLOTTE COURT 68-70 BILLET LANE |
| 9 Jun 2023 | £506,131 | £500,000 | 10 CROMER ROAD |
| 14 Sep 2022 | £267,837 | £270,000 | APARTMENT 6 ELEANOR COURT BILLET LANE |
| 29 Jun 2022 | £268,799 | £265,000 | APARTMENT 3 ELEANOR COURT BILLET LANE |
| 13 May 2022 | £560,562 | £550,000 | 1 CROMER ROAD |
This house has a floor area of 121 sq meters or 1,310 sq feet when measured on 11 Nov 2009. Using an estimated price of £677,289 means this house is valued at £5,564 per sq meter (£516 per sq foot).
The average size of a house on EMERSON DRIVE is 147 sq meters (1,585 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Billet Lane |