£493,616
This estimated value is based upon the latest sale price for the house of £115,000 on 16 Aug 1999. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Elm Parade, St. Nicholas Avenue, Hornchurch, RM12 4RH
Phone: 01708874952
| Price Paid | Date |
|---|---|
| £115,000 | 16 Aug 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 113 sq meters or 1,216 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 1999 the House Price Index for GREATER LONDON was 34.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 329.231%.Applying this 329.231% change to the original purchase price of £115,000 results in an estimated price of approximately £493,616.
| 16 Aug 1999 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 34.6 | 148.6 | 329.231 % | £115,000 | £378,616 | £493,616 |
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 | 291.208 % | £334,889 | £449,889 |
| 3 Month Average | 348.484 % | £400,757 | £515,757 |
| 6 Month Average | 351.337 % | £404,037 | £519,037 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £431,387 | £425,000 | 44 CARFAX ROAD |
| 10 Nov 2023 | £385,710 | £380,000 | 6 PETWORTH WAY |
| 29 Sep 2023 | £389,986 | £385,000 | 30 PETWORTH WAY |
| 1 Sep 2023 | £455,828 | £450,000 | 331 UPPER RAINHAM ROAD |
| 20 Mar 2023 | £430,052 | £426,000 | 14 MIDHURST CLOSE |
This house has a floor area of 113 sq meters or 1,216 sq feet when measured on 8 Nov 2014. Using an estimated price of £493,616 means this house is valued at £4,368 per sq meter (£405 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 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Carfax Road |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Carfax Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Singleton Close |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Liphook Close |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Cowdray Way |