£10,523,584
This estimated value is based upon the latest sale price for the house of £1,730,000 on 13 Oct 2023. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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49a Butts Green Road, Hornchurch, RM11 2JS
Phone: 01708573204
| Price Paid | Date |
|---|---|
| £1,730,000 | 13 Oct 2023 |
| Detached |
| Freehold |
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 October 2023 the House Price Index for GREATER LONDON was 24.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 508.300%.Applying this 508.300% change to the original purchase price of £1,730,000 results in an estimated price of approximately £10,523,584.
| 13 Oct 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 24.4 | 148.6 | 508.300 % | £1,730,000 | £8,793,584 | £10,523,584 |
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 | 376.722 % | £6,517,283 | £8,247,283 |
| 3 Month Average | -1.701 % | £-29,435 | £1,700,564 |
| 6 Month Average | -16.966 % | £-293,508 | £1,436,491 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Nov 2023 | £1,050,553 | £1,035,000 | 10 FREEMAN WAY |
| 25 Apr 2023 | £2,527,211 | £2,500,000 | 3 SYLVAN AVENUE |
| 10 Nov 2022 | £869,468 | £880,000 | 21 BARLEYCORN WAY |
| 5 Jan 2022 | £911,385 | £866,000 | 52 BARLEYCORN WAY |
| 17 Sep 2021 | £1,131,472 | £1,050,000 | 36 BARLEYCORN WAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Under investigation | On or near Barleycorn Way |
| Apr 2024 | Vehicle crime | Under investigation | On or near Freeman Way |
| Feb 2024 | Vehicle crime | Under investigation | On or near The Sheilings |
| Apr 2024 | Other crime | Under investigation | On or near Ernest Road |
| Mar 2024 | Anti-social behaviour | On or near Ernest Road |