£437,659
This estimated value is based upon the latest sale price for the house of £365,000 on 28 Aug 2020. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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21 Station Parade, Hornchurch, RM12 5AB
Phone: 02081157548
| Price Paid | Date |
|---|---|
| £365,000 | 28 Aug 2020 |
| £300,000 | 28 Jul 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 61 sq meters or 656 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 August 2020 the House Price Index for GREATER LONDON was 123.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 19.907%.Applying this 19.907% change to the original purchase price of £365,000 results in an estimated price of approximately £437,659.
| 28 Aug 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 148.6 | 19.907 % | £365,000 | £72,659 | £437,659 |
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 | -17.506 % | £-63,896 | £301,103 |
| 3 Month Average | 10.323 % | £37,677 | £402,677 |
| 6 Month Average | 11.201 % | £40,885 | £405,885 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £585,240 | £575,000 | 75 CALBOURNE AVENUE |
| 19 Dec 2023 | £432,569 | £425,000 | 67 CALBOURNE AVENUE |
| 6 Sep 2023 | £617,900 | £610,000 | 5 CALBOURNE AVENUE |
| 27 Jul 2022 | £381,026 | £380,000 | 425 SOUTH END ROAD |
| 24 Jun 2022 | £405,734 | £400,000 | 39 ARBOUR WAY |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 11 Oct 2019. Using an estimated price of £437,659 means this house is valued at £7,174 per sq meter (£666 per sq foot).
The average size of a house on CALBOURNE AVENUE is 96 sq meters (1,034 sq feet).