£2,016,782
This estimated value is based upon the latest sale price for the house of £490,000 on 26 Nov 1999. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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49a Butts Green Road, Hornchurch, RM11 2JS
Phone: 01708573204
| Price Paid | Date |
|---|---|
| £490,000 | 26 Nov 1999 |
| Detached |
| 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 November 1999 the House Price Index for GREATER LONDON was 36.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 311.588%.Applying this 311.588% change to the original purchase price of £490,000 results in an estimated price of approximately £2,016,782.
| 26 Nov 1999 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 36.4 | 149.7 | 311.588 % | £490,000 | £1,526,782 | £2,016,782 |
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 | 161.849 % | £793,057 | £1,283,057 |
| 3 Month Average | 226.472 % | £1,109,712 | £1,599,712 |
| 6 Month Average | 258.433 % | £1,266,321 | £1,756,321 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £1,217,409 | £1,180,000 | 8 BERTHER ROAD |
| 25 Aug 2023 | £366,612 | £360,000 | FLAT 12 THORPE LODGE PARKSTONE AVENUE |
| 9 Jun 2023 | £1,576,595 | £1,545,000 | 5A NELMES ROAD |
| 1 Jun 2023 | £418,384 | £410,000 | APARTMENT 13 TILIA COURT, 1 BERTHER ROAD |
| 19 Jul 2022 | £388,897 | £385,000 | APARTMENT 7 TILIA COURT, 1 BERTHER ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Criminal damage and arson | On or near Emerson Park (Station) |