£1,440,896
This estimated value is based upon the latest sale price for the house of £285,000 on 18 Jun 1997. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Braemar Gardens
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120 North Street, Hornchurch, RM11 1SU
Phone: 02081150913
| Price Paid | Date |
|---|---|
| £285,000 | 18 Jun 1997 |
| Detached |
| Freehold |
| Floor Area: 221 sq meters or 2,378 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 1997 the House Price Index for GREATER LONDON was 29.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 405.578%.Applying this 405.578% change to the original purchase price of £285,000 results in an estimated price of approximately £1,440,896.
| 18 Jun 1997 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 29.0 | 146.7 | 405.578 % | £285,000 | £1,155,896 | £1,440,896 |
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 | 309.952 % | £883,363 | £1,168,363 |
| 3 Month Average | 253.837 % | £723,434 | £1,008,434 |
| 6 Month Average | 275.989 % | £786,568 | £1,071,568 |
This house has a floor area of 221 sq meters or 2,378 sq feet when measured on 20 Dec 2016.
The average size of a house on FORDYCE CLOSE is 246 sq meters (2,648 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Under investigation | On or near Braemar Gardens |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Braemar Gardens |
| Jan 2024 | Vehicle crime | Under investigation | On or near Wych Elm Close |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Ingleglen |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Martinstown Close |