£468,507
This estimated value is based upon the latest sale price for the house of £317,000 on 20 Feb 2015. 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 |
|---|---|
| £317,000 | 20 Feb 2015 |
| £250,000 | 1 Aug 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 70 sq meters or 753 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 February 2015 the House Price Index for GREATER LONDON was 100.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 47.794%.Applying this 47.794% change to the original purchase price of £317,000 results in an estimated price of approximately £468,507.
| 20 Feb 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.5 | 148.6 | 47.794 % | £317,000 | £151,507 | £468,507 |
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 | 95.980 % | £304,258 | £621,258 |
| 3 Month Average | 38.981 % | £123,571 | £440,571 |
| 6 Month Average | 31.725 % | £100,566 | £417,566 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £215,000 | £215,000 | FLAT 8 MOORE HOUSE GLOBE ROAD |
| 21 Feb 2023 | £434,707 | £435,000 | 27 MELLOWES ROAD |
| 22 Aug 2022 | £471,232 | £472,500 | 54 GLOBE ROAD |
| 4 Feb 2022 | £356,556 | £340,000 | 41 GLOBE ROAD |
| 28 Jan 2022 | £271,521 | £258,000 | FLAT 11 MOORE HOUSE GLOBE ROAD |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 4 Jun 2013. Using an estimated price of £468,508 means this house is valued at £6,692 per sq meter (£621 per sq foot).
The average size of a house on GLOBE ROAD is 89 sq meters (960 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Under investigation | On or near Rossall Close |
| Jan 2024 | Burglary | Under investigation | On or near Hillcrest Road |