£714,558
This estimated value is based upon the latest sale price for the house of £575,000 on 19 Dec 2018. 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 |
---|---|
£575,000 | 19 Dec 2018 |
£155,000 | 25 Oct 1996 |
Terraced |
Freehold |
Floor Area: 151 sq meters or 1,625 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 December 2018 the House Price Index for GREATER LONDON was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.271%.Applying this 24.271% change to the original purchase price of £575,000 results in an estimated price of approximately £714,558.
19 Dec 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.5 | 149.7 | 24.271 % | £575,000 | £139,558 | £714,558 |
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 | 17.726 % | £101,922 | £676,922 |
3 Month Average | 18.807 % | £108,140 | £683,140 |
6 Month Average | 10.657 % | £61,280 | £636,280 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Mar 2023 | £777,993 | £765,000 | 28 THE MALL |
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 |
20 May 2022 | £744,393 | £725,000 | 8 HARROW CLOSE |
6 May 2022 | £349,095 | £340,000 | 124A HORNCHURCH ROAD |
This house has a floor area of 151 sq meters or 1,625 sq feet when measured on 2 May 2018. Using an estimated price of £714,559 means this house is valued at £4,732 per sq meter (£439 per sq foot).
The average size of a house on THE MALL is 110 sq meters (1,188 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Drugs | Local resolution | On or near St Leonards Way |
Sep 2024 | Vehicle crime | Under investigation | On or near St Leonards Way |
Sep 2024 | Public order | Under investigation | On or near St Leonards Way |
Sep 2024 | Public order | Unable to prosecute suspect | On or near St Leonards Way |
Aug 2024 | Public order | Investigation complete; no suspect identified | On or near St Leonards Way |