£1,193,102
This estimated value is based upon the latest sale price for the house of £957,500 on 1 Aug 2018. 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 |
|---|---|
| £957,500 | 1 Aug 2018 |
| £775,000 | 30 Oct 2013 |
| £625,000 | 16 Jun 2008 |
| Detached |
| Freehold |
| Floor Area: 181 sq meters or 1,948 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 August 2018 the House Price Index for GREATER LONDON was 120.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.606%.Applying this 24.606% change to the original purchase price of £957,500 results in an estimated price of approximately £1,193,102.
| 1 Aug 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 149.7 | 24.606 % | £957,500 | £235,602 | £1,193,102 |
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 | -27.956 % | £-267,681 | £689,818 |
| 3 Month Average | -9.059 % | £-86,743 | £870,756 |
| 6 Month Average | -0.071 % | £-683 | £956,816 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £1,217,409 | £1,180,000 | 8 BERTHER ROAD |
| 25 Aug 2023 | £366,612 | £360,000 | FLAT 12 THORPE LODGE PARKSTONE AVENUE |
| 9 Jun 2023 | £1,576,595 | £1,545,000 | 5A NELMES ROAD |
| 1 Jun 2023 | £418,384 | £410,000 | APARTMENT 13 TILIA COURT, 1 BERTHER ROAD |
| 19 Jul 2022 | £388,897 | £385,000 | APARTMENT 7 TILIA COURT, 1 BERTHER ROAD |
This house has a floor area of 181 sq meters or 1,948 sq feet when measured on 4 Jun 2013. Using an estimated price of £1,193,103 means this house is valued at £6,591 per sq meter (£612 per sq foot).
The average size of a house on PARKSTONE AVENUE is 297 sq meters (3,203 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Criminal damage and arson | On or near Emerson Park (Station) |