£537,399
This estimated value is based upon the latest sale price for the house of £435,000 on 24 Oct 2019. 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 |
|---|---|
| £435,000 | 24 Oct 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 131 sq meters or 1,410 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 October 2019 the House Price Index for GREATER LONDON was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.540%.Applying this 23.540% change to the original purchase price of £435,000 results in an estimated price of approximately £537,399.
| 24 Oct 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.540 % | £435,000 | £102,399 | £537,399 |
The Postcode Pricing Model uses changes in average sales price within the RM12 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 | 17.634 % | £76,709 | £511,709 |
| 3 Month Average | 21.408 % | £93,125 | £528,125 |
| 6 Month Average | 14.011 % | £60,946 | £495,946 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 May 2024 | £215,000 | £215,000 | 7 DIAMOND COURT |
| 25 Apr 2024 | £464,030 | £460,000 | 233 HORNCHURCH ROAD |
| 11 Mar 2024 | £436,710 | £430,000 | 37 RAINSFORD WAY |
| 26 Jun 2023 | £474,509 | £465,000 | 70 RAINSFORD WAY |
| 5 Jan 2023 | £480,283 | £479,000 | 27 RAINSFORD WAY |
This house has a floor area of 131 sq meters or 1,410 sq feet when measured on 21 May 2019. Using an estimated price of £537,399 means this house is valued at £4,102 per sq meter (£381 per sq foot).
The average size of a house on FRANMIL ROAD is 112 sq meters (1,214 sq feet).
This house is the largest in the street with a floor area of 131 sq meters (1,410 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Franmil Road | |
| Oct 2024 | Anti-social behaviour | On or near Franmil Road | |
| Oct 2024 | Anti-social behaviour | On or near Franmil Road | |
| Sep 2024 | Anti-social behaviour | On or near Franmil Road | |
| Sep 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Franmil Road |