£2,401,045
This estimated value is based upon the latest sale price for the house of £2,300,000 on 18 Mar 2022. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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120 North Street, Hornchurch, RM11 1SU
Phone: 02081150913
| Price Paid | Date |
|---|---|
| £2,300,000 | 18 Mar 2022 |
| £1,595,000 | 25 Sep 2015 |
| Detached |
| Freehold |
| Floor Area: 418 sq meters or 4,499 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 2022 the House Price Index for GREATER LONDON was 143.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 4.393%.Applying this 4.393% change to the original purchase price of £2,300,000 results in an estimated price of approximately £2,401,045.
| 18 Mar 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 149.7 | 4.393 % | £2,300,000 | £101,045 | £2,401,045 |
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 | 26.698 % | £614,049 | £2,914,049 |
| 3 Month Average | -2.538 % | £-58,369 | £2,241,630 |
| 6 Month Average | 4.696 % | £108,001 | £2,408,001 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £876,947 | £850,000 | 8 FAIRLAWNS CLOSE |
| 10 Nov 2023 | £1,026,045 | £1,000,000 | 40 HERBERT ROAD |
| 30 Aug 2022 | £929,346 | £925,000 | 52 HERBERT ROAD |
| 24 Jun 2022 | £1,185,338 | £1,160,000 | 11 CURTIS ROAD |
| 18 Mar 2022 | £2,401,046 | £2,300,000 | 2 ASTWOOD CLOSE |
This house has a floor area of 418 sq meters or 4,499 sq feet when measured on 21 May 2015. Using an estimated price of £2,401,046 means this house is valued at £5,744 per sq meter (£533 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Public order | Under investigation | On or near The Lombards |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near The Lombards |
| Aug 2024 | Anti-social behaviour | On or near The Lombards | |
| Aug 2024 | Other theft | Under investigation | On or near The Lombards |
| Aug 2024 | Anti-social behaviour | On or near The Lombards |