£590,653
This estimated value is based upon the latest sale price for the house of £580,000 on 25 Aug 2023. 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 |
|---|---|
| £580,000 | 25 Aug 2023 |
| £470,000 | 13 Nov 2018 |
| £91,600 | 18 Feb 1998 |
| Terraced |
| Freehold |
| Floor Area: 145 sq meters or 1,560 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 2023 the House Price Index for GREATER LONDON was 147.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.837%.Applying this 1.837% change to the original purchase price of £580,000 results in an estimated price of approximately £590,653.
| 25 Aug 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.0 | 149.7 | 1.837 % | £580,000 | £10,653 | £590,653 |
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 | 15.409 % | £89,374 | £669,374 |
| 3 Month Average | 7.157 % | £41,512 | £621,512 |
| 6 Month Average | 4.199 % | £24,351 | £604,351 |
| 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 |
| 17 Jan 2023 | £641,715 | £640,000 | 30 BENHURST AVENUE |
| 25 Nov 2022 | £413,068 | £415,000 | 2 SUNRISE AVENUE |
| 15 Jul 2022 | £411,119 | £407,000 | 191 ABBS CROSS LANE |
This house has a floor area of 145 sq meters or 1,560 sq feet when measured on 14 Apr 2018. Using an estimated price of £590,653 means this house is valued at £4,073 per sq meter (£378 per sq foot).
The average size of a house on ABBS CROSS LANE is 91 sq meters (990 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Cedar Road |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cedar Road |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cedar Road |
| Jul 2024 | Public order | Investigation complete; no suspect identified | On or near Cedar Road |
| Oct 2024 | Anti-social behaviour | On or near Cedar Road |