£609,487
This estimated value is based upon the latest sale price for the house of £450,000 on 11 Apr 2016. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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168-170 Hornchurch Road, Hornchurch, RM11 1QH
Phone: 01708954862
| Price Paid | Date |
|---|---|
| £450,000 | 11 Apr 2016 |
| Terraced |
| Freehold |
| Floor Area: 128 sq meters or 1,386 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 April 2016 the House Price Index for GREATER LONDON was 109.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 35.442%.Applying this 35.442% change to the original purchase price of £450,000 results in an estimated price of approximately £609,487.
| 11 Apr 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 109.7 | 148.6 | 35.442 % | £450,000 | £159,487 | £609,487 |
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 | -2.015 % | £-9,065 | £440,934 |
| 3 Month Average | 24.531 % | £110,390 | £560,390 |
| 6 Month Average | 36.283 % | £163,271 | £613,271 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £477,063 | £470,000 | 5 BARTON ROAD |
| 29 Sep 2023 | £405,181 | £400,000 | 29 ALBANY ROAD |
| 20 Apr 2023 | £485,225 | £480,000 | 34 SAUNTON ROAD |
| 31 Mar 2023 | £479,518 | £475,000 | 16 ALBANY ROAD |
| 1 Sep 2022 | £437,467 | £441,000 | 10 BARTON ROAD |
This house has a floor area of 128 sq meters or 1,386 sq feet when measured on 15 Feb 2012. Using an estimated price of £609,487 means this house is valued at £4,732 per sq meter (£439 per sq foot).
The average size of a house on ALBANY ROAD is 98 sq meters (1,064 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Under investigation | On or near Barton Road |