£422,569
This estimated value is based upon the latest sale price for the house of £420,000 on 2 Aug 2023. 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 |
|---|---|
| £420,000 | 2 Aug 2023 |
| £285,000 | 1 Jul 2019 |
| Terraced |
| Freehold |
| Floor Area: 85 sq meters or 914 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 August 2023 the House Price Index for GREATER LONDON was 147.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 0.612%.Applying this 0.612% change to the original purchase price of £420,000 results in an estimated price of approximately £422,569.
| 2 Aug 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.1 | 148.0 | 0.612 % | £420,000 | £2,569 | £422,569 |
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 | -10.759 % | £-45,188 | £374,811 |
| 3 Month Average | 0.322 % | £1,351 | £421,351 |
| 6 Month Average | 4.020 % | £16,884 | £436,884 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £438,292 | £430,000 | 11 KILMARTIN WAY |
| 7 Dec 2023 | £366,942 | £360,000 | 40 KILMARTIN WAY |
| 2 Aug 2023 | £422,570 | £420,000 | 31 ASTRA CLOSE |
| 17 Mar 2022 | £392,190 | £380,000 | 76 ASTRA CLOSE |
| 15 Oct 2021 | £460,640 | £418,000 | 29 ASTRA CLOSE |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 3 Apr 2019. Using an estimated price of £422,570 means this house is valued at £4,971 per sq meter (£461 per sq foot).
The average size of a house on ASTRA CLOSE is 55 sq meters (597 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Astra Close | |
| Apr 2024 | Anti-social behaviour | On or near Astra Close | |
| Mar 2024 | Anti-social behaviour | On or near Astra Close | |
| Mar 2024 | Drugs | Under investigation | On or near Astra Close |
| Mar 2024 | Anti-social behaviour | On or near Astra Close |