£426,940
This estimated value is based upon the latest sale price for the house of £250,000 on 31 Jan 2013. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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179 Squirrels Heath Lane, Hornchurch, RM11 2DX
Phone: 01708573002
| Price Paid | Date |
|---|---|
| £250,000 | 31 Jan 2013 |
| £69,500 | 12 Dec 1996 |
| Terraced |
| Freehold |
| Floor Area: 74 sq meters or 796 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 January 2013 the House Price Index for GREATER LONDON was 87.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.776%.Applying this 70.776% change to the original purchase price of £250,000 results in an estimated price of approximately £426,940.
| 31 Jan 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.7 | 149.7 | 70.776 % | £250,000 | £176,940 | £426,940 |
The Postcode Pricing Model uses changes in average sales price within the RM11 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 | 83.957 % | £209,891 | £459,891 |
| 3 Month Average | 79.351 % | £198,378 | £448,378 |
| 6 Month Average | 65.587 % | £163,967 | £413,967 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 May 2024 | £615,000 | £615,000 | 56 BIRCH CRESCENT |
| 12 Apr 2024 | £585,081 | £580,000 | 94 CECIL AVENUE |
| 15 Dec 2023 | £484,900 | £470,000 | 15 BIRCH CRESCENT |
| 27 Oct 2023 | £480,923 | £470,000 | 43 BIRCH CRESCENT |
| 28 Feb 2022 | £702,544 | £665,000 | 52 CECIL AVENUE |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 24 Sep 2012. Using an estimated price of £426,941 means this house is valued at £5,769 per sq meter (£536 per sq foot).
The average size of a house on BIRCH CRESCENT is 89 sq meters (963 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Other crime | Under investigation | On or near Birch Crescent |
| Sep 2024 | Drugs | Under investigation | On or near Oak Glen |
| Sep 2024 | Vehicle crime | Under investigation | On or near Oak Glen |
| Aug 2024 | Burglary | Under investigation | On or near Oak Glen |