£450,790
This estimated value is based upon the latest sale price for the house of £85,000 on 7 Feb 1997. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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21 Station Parade, Hornchurch, RM12 5AB
Phone: 02081157548
Price Paid | Date |
---|---|
£85,000 | 7 Feb 1997 |
Terraced |
Freehold |
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 February 1997 the House Price Index for GREATER LONDON was 28.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 430.342%.Applying this 430.342% change to the original purchase price of £85,000 results in an estimated price of approximately £450,790.
7 Feb 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
28.2 | 149.7 | 430.342 % | £85,000 | £365,790 | £450,790 |
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 | 499.628 % | £424,684 | £509,684 |
3 Month Average | 477.950 % | £406,257 | £491,257 |
6 Month Average | 459.223 % | £390,339 | £475,339 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Apr 2024 | £418,635 | £415,000 | 33 WEST MALLING WAY |
13 Jun 2023 | £637,781 | £625,000 | 10 WEST MALLING WAY |
30 Nov 2022 | £603,180 | £606,000 | 41 HAWKINGE WAY |
6 Oct 2022 | £488,369 | £490,000 | 38 HAWKINGE WAY |
15 Jul 2022 | £606,073 | £600,000 | 12 NORTHOLT WAY |
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hawkinge Way |
Sep 2024 | Anti-social behaviour | On or near Maybank Avenue | |
Sep 2024 | Anti-social behaviour | On or near Maybank Avenue |