£1,710,207
This estimated value is based upon the latest sale price for the house of £865,000 on 11 Jun 2004. 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 |
|---|---|
| £865,000 | 11 Jun 2004 |
| Detached |
| Freehold |
| Floor Area: 529 sq meters or 5,699 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 2004 the House Price Index for GREATER LONDON was 75.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 97.712%.Applying this 97.712% change to the original purchase price of £865,000 results in an estimated price of approximately £1,710,207.
| 11 Jun 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 75.2 | 148.6 | 97.712 % | £865,000 | £845,207 | £1,710,207 |
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 | 222.771 % | £1,926,971 | £2,791,971 |
| 3 Month Average | 101.721 % | £879,885 | £1,744,885 |
| 6 Month Average | 89.812 % | £776,873 | £1,641,873 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £865,137 | £850,000 | 8 FAIRLAWNS CLOSE |
| 10 Nov 2023 | £1,015,027 | £1,000,000 | 40 HERBERT ROAD |
| 31 Mar 2023 | £1,009,512 | £1,000,001 | 3 OAKWOOD CHASE |
| 30 Aug 2022 | £922,517 | £925,000 | 52 HERBERT ROAD |
| 26 Aug 2022 | £1,196,779 | £1,200,000 | 79 PARKSTONE AVENUE |
This house has a floor area of 529 sq meters or 5,699 sq feet when measured on 23 Jun 2011. Using an estimated price of £1,710,207 means this house is valued at £3,229 per sq meter (£300 per sq foot).
The average size of a house on HERBERT ROAD is 304 sq meters (3,273 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Parkstone Avenue |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Beverley Close |
| Feb 2024 | Burglary | Under investigation | On or near Burges Close |
| Jan 2024 | Anti-social behaviour | On or near Burges Close | |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Burges Close |