£572,718
This estimated value is based upon the latest sale price for the house of £470,000 on 28 Feb 2020. 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 |
---|---|
£470,000 | 28 Feb 2020 |
Semi-Detached |
Freehold |
Floor Area: 128 sq meters or 1,377 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 2020 the House Price Index for GREATER LONDON was 121.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 21.855%.Applying this 21.855% change to the original purchase price of £470,000 results in an estimated price of approximately £572,718.
28 Feb 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.5 | 148.0 | 21.855 % | £470,000 | £102,718 | £572,718 |
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 | 50.093 % | £235,438 | £705,438 |
3 Month Average | 9.743 % | £45,791 | £515,791 |
6 Month Average | -8.480 % | £-39,855 | £430,144 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
23 Nov 2023 | £531,828 | £525,000 | 47 BUSH ELMS ROAD |
24 Feb 2023 | £442,754 | £444,848 | 17 TRUSTONS GARDENS |
17 Feb 2023 | £482,219 | £484,500 | 59 HILLCREST ROAD |
13 Jan 2023 | £446,082 | £450,000 | 26 BUSH ELMS ROAD |
12 Jan 2023 | £441,125 | £445,000 | 18 BUSH ELMS ROAD |
This house has a floor area of 128 sq meters or 1,377 sq feet when measured on 27 Sep 2019. Using an estimated price of £572,718 means this house is valued at £4,474 per sq meter (£415 per sq foot).
The average size of a house on BUSH ELMS ROAD is 105 sq meters (1,139 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Bush Elms Road |
Mar 2024 | Vehicle crime | Under investigation | On or near Bush Elms Road |
Feb 2024 | Vehicle crime | Under investigation | On or near Bush Elms Road |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Maygreen Crescent |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Hillcrest Road |