£426,942
This estimated value is based upon the latest sale price for the house of £395,000 on 23 Jun 2021. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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168-170 Hornchurch Road, Hornchurch, RM11 1QH
Phone: 01708954862
| Price Paid | Date |
|---|---|
| £395,000 | 23 Jun 2021 |
| Terraced |
| Freehold |
| Floor Area: 105 sq meters or 1,130 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 June 2021 the House Price Index for GREATER LONDON was 138.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.087%.Applying this 8.087% change to the original purchase price of £395,000 results in an estimated price of approximately £426,942.
| 23 Jun 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 149.7 | 8.087 % | £395,000 | £31,942 | £426,942 |
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 | 1.122 % | £4,432 | £399,432 |
| 3 Month Average | 17.908 % | £70,735 | £465,735 |
| 6 Month Average | 7.519 % | £29,701 | £424,701 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Nov 2023 | £205,209 | £200,000 | FLAT 11 GROVE COURT, 258 HORNCHURCH ROAD |
| 30 Oct 2023 | £562,782 | £550,000 | 48 CHEVIOT ROAD |
| 13 Oct 2023 | £299,298 | £292,500 | FLAT 12 GROVE COURT, 258 HORNCHURCH ROAD |
| 27 Jun 2023 | £571,452 | £560,000 | 31 CHEVIOT ROAD |
| 24 Feb 2023 | £447,840 | £444,848 | 17 TRUSTONS GARDENS |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 11 Sep 2020. Using an estimated price of £426,942 means this house is valued at £4,066 per sq meter (£377 per sq foot).
The average size of a house on MENDIP ROAD is 104 sq meters (1,127 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other theft | Under investigation | On or near Mendip Road |
| Jul 2024 | Drugs | Unable to prosecute suspect | On or near Trustons Gardens |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Trustons Gardens |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Park Lane |
| Oct 2024 | Other theft | Under investigation | On or near Park Lane |