£402,528
This estimated value is based upon the latest sale price for the house of £395,000 on 24 Apr 2023. 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 |
|---|---|
| £395,000 | 24 Apr 2023 |
| £290,000 | 12 Jun 2015 |
| Terraced |
| Freehold |
| Floor Area: 81 sq meters or 875 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 2023 the House Price Index for GREATER LONDON was 146.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.906%.Applying this 1.906% change to the original purchase price of £395,000 results in an estimated price of approximately £402,528.
| 24 Apr 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.9 | 149.7 | 1.906 % | £395,000 | £7,528 | £402,528 |
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 | 11.182 % | £44,170 | £439,170 |
| 3 Month Average | -13.031 % | £-51,470 | £343,529 |
| 6 Month Average | -8.889 % | £-35,111 | £359,888 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Dec 2023 | £521,010 | £505,000 | 34 ELMS CLOSE |
| 24 Apr 2023 | £402,529 | £395,000 | 10 ELMS CLOSE |
| 26 Jan 2022 | £530,099 | £500,000 | 93 HYLAND WAY |
| 5 Nov 2021 | £517,522 | £475,000 | 2 ELMS CLOSE |
| 13 Sep 2021 | £705,620 | £650,000 | 60 ROCKINGHAM AVENUE |
This house has a floor area of 81 sq meters or 875 sq feet when measured on 20 Jan 2010. Using an estimated price of £402,529 means this house is valued at £4,946 per sq meter (£459 per sq foot).
The average size of a house on ELMS CLOSE is 119 sq meters (1,289 sq feet).
This house is the smallest in the street with a floor area of 81 sq meters (875 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Elms Close |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Elms Close |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Elms Close |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Harrow Drive |
| Sep 2024 | Burglary | Under investigation | On or near Norman Road |