£1,132,699
This estimated value is based upon the latest sale price for the house of £616,500 on 26 Apr 2005. 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 |
|---|---|
| £616,500 | 26 Apr 2005 |
| £255,000 | 18 Aug 1997 |
| £220,000 | 6 Jan 1995 |
| Detached |
| Freehold |
| Floor Area: 158 sq meters or 1,700 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 April 2005 the House Price Index for GREATER LONDON was 79.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 83.731%.Applying this 83.731% change to the original purchase price of £616,500 results in an estimated price of approximately £1,132,699.
| 26 Apr 2005 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.8 | 146.7 | 83.731 % | £616,500 | £516,199 | £1,132,699 |
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 | 69.111 % | £426,066 | £1,042,566 |
| 3 Month Average | 57.773 % | £356,169 | £972,669 |
| 6 Month Average | 65.884 % | £406,176 | £1,022,676 |
This house has a floor area of 158 sq meters or 1,700 sq feet when measured on 21 Jan 2015.
The average size of a house on ERNEST ROAD is 299 sq meters (3,223 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Under investigation | On or near Nelmes Road |
| Jan 2024 | Anti-social behaviour | On or near Burges Close | |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Burges Close |
| Jan 2024 | Anti-social behaviour | On or near Burges Close | |
| Jan 2024 | Anti-social behaviour | On or near Burges Close |