£1,385,095
This estimated value is based upon the latest sale price for the house of £560,000 on 31 Jan 2003. 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 |
---|---|
£560,000 | 31 Jan 2003 |
Detached |
Freehold |
Floor Area: 217 sq meters or 2,335 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 2003 the House Price Index for GREATER LONDON was 60.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 147.338%.Applying this 147.338% change to the original purchase price of £560,000 results in an estimated price of approximately £1,385,095.
31 Jan 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
60.1 | 148.6 | 147.338 % | £560,000 | £825,095 | £1,385,095 |
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 | 240.600 % | £1,347,358 | £1,907,358 |
3 Month Average | 136.394 % | £763,805 | £1,323,805 |
6 Month Average | 111.144 % | £622,408 | £1,182,408 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Mar 2024 | £460,000 | £460,000 | 140 BURNWAY |
14 Sep 2023 | £723,247 | £714,000 | 48 BEVERLEY GARDENS |
12 Jul 2022 | £603,715 | £602,090 | 17 MAYBUSH ROAD |
19 Jan 2022 | £594,611 | £565,000 | 144 BURNWAY |
30 Sep 2021 | £521,555 | £484,000 | 94 BURNWAY |
This house has a floor area of 217 sq meters or 2,335 sq feet when measured on 22 Apr 2016. Using an estimated price of £1,385,095 means this house is valued at £6,382 per sq meter (£592 per sq foot).
The average size of a house on DALEWOOD CLOSE is 264 sq meters (2,844 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Under investigation | On or near Maybush Road |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Maybush Road |
Jan 2024 | Criminal damage and arson | Under investigation | On or near Maybush Road |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Beverley Close |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Burnway |