£661,284
This estimated value is based upon the latest sale price for the house of £535,000 on 6 Sep 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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120 North Street, Hornchurch, RM11 1SU
Phone: 02081150913
| Price Paid | Date |
|---|---|
| £535,000 | 6 Sep 2019 |
| £277,500 | 12 Dec 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 115 sq meters or 1,237 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 September 2019 the House Price Index for GREATER LONDON was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.605%.Applying this 23.605% change to the original purchase price of £535,000 results in an estimated price of approximately £661,284.
| 6 Sep 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 149.7 | 23.605 % | £535,000 | £126,284 | £661,284 |
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 | 26.605 % | £142,338 | £677,338 |
| 3 Month Average | 8.409 % | £44,986 | £579,986 |
| 6 Month Average | 10.340 % | £55,319 | £590,319 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jun 2024 | £405,000 | £405,000 | 63 BURNWAY |
| 17 May 2024 | £522,000 | £522,000 | 59 BURNWAY |
| 24 Nov 2023 | £579,716 | £565,000 | 126 BURNWAY |
| 11 Sep 2023 | £572,623 | £560,000 | 42 GLEBE WAY |
| 14 Apr 2023 | £866,202 | £850,000 | 3 CLAIRVALE |
This house has a floor area of 115 sq meters or 1,237 sq feet when measured on 19 Apr 2018. Using an estimated price of £661,285 means this house is valued at £5,750 per sq meter (£534 per sq foot).
The average size of a house on BURNWAY is 98 sq meters (1,065 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Burnway | |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Burnway |
| Aug 2024 | Bicycle theft | Under investigation | On or near Keith Way |
| Jun 2024 | Vehicle crime | Under investigation | On or near Keith Way |
| Jul 2024 | Other theft | Under investigation | On or near Clairvale |