£428,694
This estimated value is based upon the latest sale price for the house of £250,000 on 31 Jul 2012. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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21 Station Parade, Hornchurch, RM12 5AB
Phone: 02081157548
| Price Paid | Date |
|---|---|
| £250,000 | 31 Jul 2012 |
| £250,000 | 16 Feb 2007 |
| £229,950 | 17 Dec 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 80 sq meters or 871 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 July 2012 the House Price Index for GREATER LONDON was 87.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.478%.Applying this 71.478% change to the original purchase price of £250,000 results in an estimated price of approximately £428,694.
| 31 Jul 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 149.7 | 71.478 % | £250,000 | £178,694 | £428,694 |
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 | 102.711 % | £256,776 | £506,776 |
| 3 Month Average | 92.261 % | £230,653 | £480,653 |
| 6 Month Average | 92.451 % | £231,126 | £481,126 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £529,551 | £520,000 | 10 NORTH WEALD CLOSE |
| 4 Aug 2023 | £458,265 | £450,000 | 7 FAIRLOP CLOSE |
| 28 Jul 2022 | £505,061 | £500,000 | 6 NORTH WEALD CLOSE |
| 10 Mar 2021 | £448,539 | £400,000 | 25 COLTISHALL ROAD |
| 16 Dec 2020 | £404,673 | £350,000 | 32 FAIRLOP CLOSE |
This house has a floor area of 80 sq meters or 871 sq feet when measured on 7 Mar 2012. Using an estimated price of £428,695 means this house is valued at £5,296 per sq meter (£492 per sq foot).
The average size of a house on NORTH WEALD CLOSE is 90 sq meters (977 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near North Weald Close |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near North Weald Close |
| Jul 2024 | Anti-social behaviour | On or near Rochester Road | |
| Jul 2024 | Anti-social behaviour | On or near Rochester Road | |
| Jul 2024 | Anti-social behaviour | On or near Rochester Road |