£536,271
This estimated value is based upon the latest sale price for the house of £459,000 on 16 Oct 2020. 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 |
|---|---|
| £459,000 | 16 Oct 2020 |
| £240,000 | 21 Sep 2012 |
| £113,700 | 15 Oct 1999 |
| Terraced |
| Freehold |
| Floor Area: 80 sq meters or 861 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 October 2020 the House Price Index for GREATER LONDON was 126.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 16.835%.Applying this 16.835% change to the original purchase price of £459,000 results in an estimated price of approximately £536,271.
| 16 Oct 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 148.0 | 16.835 % | £459,000 | £77,271 | £536,271 |
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 | -11.196 % | £-51,391 | £407,608 |
| 3 Month Average | 17.304 % | £79,426 | £538,426 |
| 6 Month Average | 18.317 % | £84,075 | £543,075 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Jan 2022 | £366,856 | £350,000 | 37 NORTHWOOD AVENUE |
| 30 Nov 2021 | £457,787 | £425,000 | 41 NORTHWOOD AVENUE |
| 22 Dec 2020 | £451,516 | £395,000 | 14 NORTHWOOD AVENUE |
| 7 Dec 2020 | £477,807 | £418,000 | 85 NORTHWOOD AVENUE |
| 4 Dec 2020 | £440,086 | £385,000 | 47 NORTHWOOD AVENUE |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 16 Jun 2012. Using an estimated price of £536,271 means this house is valued at £6,703 per sq meter (£622 per sq foot).
The average size of a house on NORTHWOOD AVENUE is 89 sq meters (967 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Northwood Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Northwood Avenue |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Northwood Avenue |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Northwood Avenue |
| Apr 2024 | Robbery | Under investigation | On or near Woodcote Avenue |