£437,543
This estimated value is based upon the latest sale price for the house of £445,000 on 16 Jan 2023. 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 |
|---|---|
| £445,000 | 16 Jan 2023 |
| £205,000 | 5 Jul 2011 |
| £65,100 | 29 Aug 1997 |
| Terraced |
| Freehold |
| Floor Area: 75 sq meters or 815 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 January 2023 the House Price Index for GREATER LONDON was 149.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of -1.676%.Applying this -1.676% change to the original purchase price of £445,000 results in an estimated price of approximately £437,543.
| 16 Jan 2023 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.2 | 146.7 | -1.676 % | £445,000 | £-7,456 | £437,543 |
The Postcode Pricing Model uses changes in average sales price within the RM13 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 | -18.114 % | £-80,606 | £364,393 |
| 3 Month Average | -20.433 % | £-90,925 | £354,074 |
| 6 Month Average | -10.517 % | £-46,799 | £398,200 |
This house has a floor area of 75 sq meters or 815 sq feet when measured on 7 Mar 2011.
The average size of a house on MUNGO PARK ROAD is 84 sq meters (912 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Tempest Way |
| Dec 2023 | Public order | Investigation complete; no suspect identified | On or near Tempest Way |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Mungo Park Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Mungo Park Road |
| Dec 2023 | Robbery | Investigation complete; no suspect identified | On or near Mungo Park Road |