£605,256
This estimated value is based upon the latest sale price for the house of £600,000 on 9 Apr 2024. 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 |
|---|---|
| £600,000 | 9 Apr 2024 |
| £150,000 | 21 Dec 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 124 sq meters or 1,344 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 2024 the House Price Index for GREATER LONDON was 148.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.876%.Applying this 0.876% change to the original purchase price of £600,000 results in an estimated price of approximately £605,256.
| 9 Apr 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.4 | 149.7 | 0.876 % | £600,000 | £5,256 | £605,256 |
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 | -33.369 % | £-200,212 | £399,787 |
| 3 Month Average | 1.639 % | £9,836 | £609,836 |
| 6 Month Average | 10.516 % | £63,098 | £663,098 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Apr 2024 | £605,256 | £600,000 | 5 PEGELM GARDENS |
| 6 Mar 2024 | £863,263 | £850,000 | 43 ST GEORGES AVENUE |
| 14 Sep 2023 | £730,094 | £714,000 | 48 BEVERLEY GARDENS |
| 28 Mar 2023 | £457,643 | £450,000 | 28 WOODHALL CRESCENT |
| 21 Feb 2023 | £583,900 | £580,000 | 2 PEGELM GARDENS |
This house has a floor area of 124 sq meters or 1,344 sq feet when measured on 30 Oct 2008. Using an estimated price of £605,256 means this house is valued at £4,846 per sq meter (£450 per sq foot).
The average size of a house on PEGELM GARDENS is 127 sq meters (1,373 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Pegelm Gardens |
| Oct 2024 | Vehicle crime | Under investigation | On or near Margaret Drive |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Margaret Drive |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near St George'S Avenue |
| Jul 2024 | Anti-social behaviour | On or near Channing Close |