£370,087
This estimated value is based upon the latest sale price for the house of £230,000 on 24 Jan 2014. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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179 Squirrels Heath Lane, Hornchurch, RM11 2DX
Phone: 01708573002
Price Paid | Date |
---|---|
£230,000 | 24 Jan 2014 |
£78,000 | 31 Jul 1998 |
Terraced |
Freehold |
Floor Area: 70 sq meters or 753 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 January 2014 the House Price Index for GREATER LONDON was 93.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 60.908%.Applying this 60.908% change to the original purchase price of £230,000 results in an estimated price of approximately £370,087.
24 Jan 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
93.0 | 149.7 | 60.908 % | £230,000 | £140,087 | £370,087 |
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 | 76.899 % | £176,867 | £406,867 |
3 Month Average | 69.578 % | £160,029 | £390,029 |
6 Month Average | 60.862 % | £139,982 | £369,982 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
9 Jan 2023 | £441,179 | £440,000 | 220 SOUTHEND ARTERIAL ROAD |
28 Nov 2022 | £413,068 | £415,000 | 178 SOUTHEND ARTERIAL ROAD |
24 Jun 2022 | £459,829 | £450,000 | 6 OAK GLEN |
7 Feb 2022 | £451,107 | £427,000 | 252 SOUTHEND ARTERIAL ROAD |
22 Oct 2021 | £462,587 | £415,000 | 159 HARWOOD AVENUE |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 15 May 2013. Using an estimated price of £370,088 means this house is valued at £5,286 per sq meter (£491 per sq foot).
The average size of a house on HARWOOD AVENUE is 84 sq meters (907 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Harwood Avenue |
Sep 2024 | Drugs | Under investigation | On or near Oak Glen |
Sep 2024 | Vehicle crime | Under investigation | On or near Oak Glen |
Aug 2024 | Burglary | Under investigation | On or near Oak Glen |