£528,831
This estimated value is based upon the latest sale price for the house of £520,000 on 17 Mar 2023. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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16 North Street, Hornchurch, RM11 1RH
Phone: 01708573582
| Price Paid | Date |
|---|---|
| £520,000 | 17 Mar 2023 |
| £412,500 | 31 Mar 2016 |
| £285,000 | 14 Dec 2007 |
| £115,000 | 18 Sep 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 79 sq meters or 853 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 March 2023 the House Price Index for GREATER LONDON was 147.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.698%.Applying this 1.698% change to the original purchase price of £520,000 results in an estimated price of approximately £528,831.
| 17 Mar 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.2 | 149.7 | 1.698 % | £520,000 | £8,831 | £528,831 |
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 | -10.869 % | £-56,516 | £463,483 |
| 3 Month Average | -4.983 % | £-25,911 | £494,088 |
| 6 Month Average | -5.513 % | £-28,665 | £491,334 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Mar 2024 | £467,178 | £460,000 | 140 BURNWAY |
| 11 Sep 2023 | £572,623 | £560,000 | 42 GLEBE WAY |
| 17 Mar 2023 | £528,832 | £520,000 | 143 BURNWAY |
| 12 Jul 2022 | £608,184 | £602,090 | 17 MAYBUSH ROAD |
| 19 Jan 2022 | £599,012 | £565,000 | 144 BURNWAY |
This house has a floor area of 79 sq meters or 853 sq feet when measured on 20 Jul 2010. Using an estimated price of £528,832 means this house is valued at £6,667 per sq meter (£619 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 |
| Jul 2024 | Anti-social behaviour | On or near Glamis Drive | |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Glamis Drive |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Glamis Drive |