£1,524,106
This estimated value is based upon the latest sale price for the house of £1,200,000 on 10 Aug 2017. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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49a Butts Green Road, Hornchurch, RM11 2JS
Phone: 01708573204
| Price Paid | Date |
|---|---|
| £1,200,000 | 10 Aug 2017 |
| £400,000 | 16 May 2002 |
| Detached |
| Freehold |
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 2017 the House Price Index for GREATER LONDON was 117.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.009%.Applying this 27.009% change to the original purchase price of £1,200,000 results in an estimated price of approximately £1,524,106.
| 10 Aug 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.0 | 148.6 | 27.009 % | £1,200,000 | £324,106 | £1,524,106 |
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 | 66.700 % | £800,396 | £2,000,396 |
| 3 Month Average | 2.682 % | £32,181 | £1,232,181 |
| 6 Month Average | -0.234 % | £-2,813 | £1,197,186 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Nov 2023 | £1,050,553 | £1,035,000 | 10 FREEMAN WAY |
| 21 Aug 2023 | £958,384 | £950,000 | 79 NELMES CRESCENT |
| 25 Apr 2023 | £2,527,211 | £2,500,000 | 3 SYLVAN AVENUE |
| 30 Sep 2021 | £905,178 | £840,000 | 72 NELMES CRESCENT |
| 21 Sep 2021 | £915,954 | £850,000 | 83 NELMES CRESCENT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Under investigation | On or near Barleycorn Way |
| Feb 2024 | Vehicle crime | Under investigation | On or near The Sheilings |
| Apr 2024 | Vehicle crime | Under investigation | On or near Freeman Way |
| Mar 2024 | Burglary | Under investigation | On or near The Witherings |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Elmdene Avenue |