£535,028
This estimated value is based upon the latest sale price for the house of £495,000 on 21 Jun 2021. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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16 North Street, Hornchurch, RM11 1RH
Phone: 01708573582
| Price Paid | Date |
|---|---|
| £495,000 | 21 Jun 2021 |
| Terraced |
| Freehold |
| Floor Area: 127 sq meters or 1,376 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 2021 the House Price Index for GREATER LONDON was 138.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.087%.Applying this 8.087% change to the original purchase price of £495,000 results in an estimated price of approximately £535,028.
| 21 Jun 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 149.7 | 8.087 % | £495,000 | £40,028 | £535,028 |
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 | 3.212 % | £15,897 | £510,897 |
| 3 Month Average | 7.694 % | £38,085 | £533,085 |
| 6 Month Average | 4.397 % | £21,763 | £516,763 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Oct 2023 | £414,412 | £405,000 | 12A WESTLAND AVENUE |
| 11 Sep 2023 | £572,623 | £560,000 | 42 GLEBE WAY |
| 3 May 2022 | £626,317 | £610,000 | 69 WESTLAND AVENUE |
| 16 Mar 2022 | £459,331 | £440,000 | 44 LINK WAY |
| 28 Oct 2021 | £308,206 | £276,500 | 22A LINK WAY |
This house has a floor area of 127 sq meters or 1,376 sq feet when measured on 21 Jul 2010. Using an estimated price of £535,029 means this house is valued at £4,184 per sq meter (£388 per sq foot).
The average size of a house on LINK WAY is 89 sq meters (958 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Wedlake Close | |
| Jul 2024 | Anti-social behaviour | On or near Burnway | |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Burnway |
| Aug 2024 | Anti-social behaviour | On or near Westland Avenue | |
| Aug 2024 | Bicycle theft | Under investigation | On or near Keith Way |