£375,221
This estimated value is based upon the latest sale price for the house of £275,000 on 8 Apr 2016. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Elm Parade, St. Nicholas Avenue, Hornchurch, RM12 4RH
Phone: 01708874952
Price Paid | Date |
---|---|
£275,000 | 8 Apr 2016 |
Terraced |
Freehold |
Floor Area: 63 sq meters or 678 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 April 2016 the House Price Index for GREATER LONDON was 109.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 36.444%.Applying this 36.444% change to the original purchase price of £275,000 results in an estimated price of approximately £375,221.
8 Apr 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
109.7 | 149.7 | 36.444 % | £275,000 | £100,221 | £375,221 |
The Postcode Pricing Model uses changes in average sales price within the RM12 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 | 26.718 % | £73,475 | £348,475 |
3 Month Average | 33.016 % | £90,794 | £365,794 |
6 Month Average | 36.516 % | £100,420 | £375,420 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Sep 2023 | £516,383 | £505,000 | 258 ABBS CROSS LANE |
25 Aug 2023 | £590,653 | £580,000 | 195 ABBS CROSS LANE |
25 Nov 2022 | £413,068 | £415,000 | 2 SUNRISE AVENUE |
15 Sep 2022 | £429,713 | £430,000 | 23 PRIORS PARK |
15 Jul 2022 | £411,119 | £407,000 | 191 ABBS CROSS LANE |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 28 Aug 2015. Using an estimated price of £375,221 means this house is valued at £5,955 per sq meter (£553 per sq foot).
The average size of a house on SUTTONS AVENUE is 89 sq meters (966 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Priors Park |
Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Priors Park |
Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Priors Park |
Jul 2024 | Robbery | Awaiting court outcome | On or near Priors Park |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Cedar Road |