£511,527
This estimated value is based upon the latest sale price for the house of £490,000 on 31 Mar 2022. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Head Office, Romford, RM7 0RR
Phone: 02045173976
| Price Paid | Date |
|---|---|
| £490,000 | 31 Mar 2022 |
| £207,000 | 31 Aug 2006 |
| £59,995 | 30 Jun 1997 |
| Terraced |
| Freehold |
| Floor Area: 96 sq meters or 1,033 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 £490,000 results in an estimated price of approximately £511,527.
| 31 Mar 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 149.7 | 4.393 % | £490,000 | £21,527 | £511,527 |
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 | -10.755 % | £-52,698 | £437,301 |
| 3 Month Average | 15.610 % | £76,489 | £566,489 |
| 6 Month Average | 9.636 % | £47,215 | £537,215 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2023 | £425,168 | £417,500 | 32 STRATHMORE GARDENS |
| 15 Mar 2023 | £498,322 | £490,000 | 279 HORNCHURCH ROAD |
| 16 Feb 2023 | £101 | £100 | 307 HORNCHURCH ROAD |
| 5 Jan 2023 | £480,283 | £479,000 | 27 RAINSFORD WAY |
| 31 Mar 2022 | £511,527 | £490,000 | 2 HAYBURN WAY |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 5 Nov 2021. Using an estimated price of £511,527 means this house is valued at £5,328 per sq meter (£495 per sq foot).
The average size of a house on HAYBURN WAY is 102 sq meters (1,108 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Vehicle crime | Under investigation | On or near Hollywell Grove |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Hollywell Grove |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Hollywell Grove |
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Roneo Link |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Rainsford Way |