£263,663
This estimated value is based upon the latest sale price for the house of £242,000 on 24 Nov 2021. 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 |
|---|---|
| £242,000 | 24 Nov 2021 |
| £158,000 | 3 Jul 2014 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 50 sq meters or 538 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 November 2021 the House Price Index for GREATER LONDON was 137.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.952%.Applying this 8.952% change to the original purchase price of £242,000 results in an estimated price of approximately £263,663.
| 24 Nov 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 149.7 | 8.952 % | £242,000 | £21,663 | £263,663 |
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 | -10.534 % | £-25,492 | £216,507 |
| 3 Month Average | -7.185 % | £-17,386 | £224,613 |
| 6 Month Average | -3.880 % | £-9,390 | £232,609 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Jan 2023 | £335,898 | £335,000 | FLAT 8 THE CHAPEL, 13 THE MALL |
| 20 Oct 2022 | £249,168 | £250,000 | FLAT 2 THE CHAPEL, 13 THE MALL |
| 6 May 2022 | £349,095 | £340,000 | 124A HORNCHURCH ROAD |
| 24 Nov 2021 | £263,664 | £242,000 | 138A HORNCHURCH ROAD |
| 19 Nov 2021 | £346,467 | £318,000 | FLAT 7 THE CHAPEL, 13 THE MALL |
This house has a floor area of 50 sq meters or 538 sq feet when measured on 11 Sep 2019. Using an estimated price of £263,664 means this house is valued at £5,273 per sq meter (£489 per sq foot).
The average size of a house on HORNCHURCH ROAD is 77 sq meters (834 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Public order | Under investigation | On or near St Leonards Way |
| Sep 2024 | Drugs | Local resolution | On or near St Leonards Way |
| Sep 2024 | Public order | Unable to prosecute suspect | On or near St Leonards Way |
| Sep 2024 | Vehicle crime | Under investigation | On or near St Leonards Way |
| Aug 2024 | Public order | Investigation complete; no suspect identified | On or near St Leonards Way |