£889,550
This estimated value is based upon the latest sale price for the house of £720,000 on 21 Jun 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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49a Butts Green Road, Hornchurch, RM11 2JS
Phone: 01708573204
| Price Paid | Date |
|---|---|
| £720,000 | 21 Jun 2019 |
| £260,000 | 10 Dec 1999 |
| Detached |
| Freehold |
| Floor Area: 173 sq meters or 1,862 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 June 2019 the House Price Index for GREATER LONDON was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.549%.Applying this 23.549% change to the original purchase price of £720,000 results in an estimated price of approximately £889,550.
| 21 Jun 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.549 % | £720,000 | £169,550 | £889,550 |
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 | 73.025 % | £525,783 | £1,245,783 |
| 3 Month Average | 22.490 % | £161,928 | £881,928 |
| 6 Month Average | -2.120 % | £-15,264 | £704,735 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £926,206 | £910,000 | 8 WALDEN WAY |
| 29 Aug 2023 | £590,163 | £585,000 | 105 BUTTS GREEN ROAD |
| 15 Nov 2022 | £313,206 | £317,000 | FLAT 5 EMERSON HOUSE BUTTS GREEN ROAD |
| 10 Jun 2022 | £278,942 | £275,000 | FLAT 11 EMERSON HOUSE BUTTS GREEN ROAD |
| 31 May 2022 | £591,139 | £580,000 | 35 WYKEHAM AVENUE |
This house has a floor area of 173 sq meters or 1,862 sq feet when measured on 15 Feb 2019. Using an estimated price of £889,551 means this house is valued at £5,141 per sq meter (£477 per sq foot).
The average size of a house on WYKEHAM AVENUE is 147 sq meters (1,587 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Walden Way |
| Jan 2024 | Vehicle crime | Under investigation | On or near Walden Road |
| Jan 2024 | Vehicle crime | Under investigation | On or near Walden Road |