£422,695
This estimated value is based upon the latest sale price for the house of £275,000 on 26 Jun 2014. 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 |
|---|---|
| £275,000 | 26 Jun 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 98 sq meters or 1,054 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 2014 the House Price Index for GREATER LONDON was 96.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 53.707%.Applying this 53.707% change to the original purchase price of £275,000 results in an estimated price of approximately £422,695.
| 26 Jun 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.7 | 148.6 | 53.707 % | £275,000 | £147,695 | £422,695 |
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 | 36.254 % | £99,699 | £374,699 |
| 3 Month Average | 61.926 % | £170,295 | £445,295 |
| 6 Month Average | 69.858 % | £192,109 | £467,109 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £389,986 | £385,000 | 30 PETWORTH WAY |
| 9 Mar 2023 | £434,090 | £430,000 | 43 PETWORTH WAY |
| 31 Aug 2022 | £430,840 | £432,000 | 55 PETWORTH WAY |
| 15 Jul 2022 | £441,188 | £440,000 | 3 LIPHOOK CLOSE |
| 21 Feb 2022 | £500,227 | £477,000 | 15 PETWORTH WAY |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 17 Mar 2014. Using an estimated price of £422,696 means this house is valued at £4,313 per sq meter (£400 per sq foot).
The average size of a house on UPPER RAINHAM ROAD is 96 sq meters (1,040 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Offa Close |
| Dec 2023 | Other crime | Investigation complete; no suspect identified | On or near Petworth Way |
| Jan 2024 | Anti-social behaviour | On or near Egbert Close | |
| Jan 2024 | Anti-social behaviour | On or near Egbert Close | |
| Jan 2024 | Anti-social behaviour | On or near Egbert Close |