£404,673
This estimated value is based upon the latest sale price for the house of £350,000 on 16 Dec 2020. 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 |
|---|---|
| £350,000 | 16 Dec 2020 |
| £210,000 | 10 Jun 2005 |
| Terraced |
| Freehold |
| Floor Area: 95 sq meters or 1,022 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 December 2020 the House Price Index for GREATER LONDON was 129.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.621%.Applying this 15.621% change to the original purchase price of £350,000 results in an estimated price of approximately £404,673.
| 16 Dec 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 149.7 | 15.621 % | £350,000 | £54,673 | £404,673 |
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 | 19.959 % | £69,855 | £419,855 |
| 3 Month Average | 14.164 % | £49,573 | £399,573 |
| 6 Month Average | 11.853 % | £41,484 | £391,484 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Aug 2024 | £463,000 | £463,000 | 34 MANSTON WAY |
| 10 Nov 2023 | £446,330 | £435,000 | 18 MANSTON WAY |
| 18 Aug 2023 | £529,551 | £520,000 | 10 NORTH WEALD CLOSE |
| 4 Aug 2023 | £458,265 | £450,000 | 7 FAIRLOP CLOSE |
| 4 Apr 2023 | £473,863 | £465,000 | 32 MANSTON WAY |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 6 Dec 2014. Using an estimated price of £404,673 means this house is valued at £4,259 per sq meter (£395 per sq foot).
The average size of a house on FAIRLOP CLOSE is 117 sq meters (1,259 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Drugs | Unable to prosecute suspect | On or near Manston Way |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rochford Close |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near North Weald Close |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near North Weald Close |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Coltishall Road |