£476,537
This estimated value is based upon the latest sale price for the house of £271,000 on 26 May 2006. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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168-170 Hornchurch Road, Hornchurch, RM11 1QH
Phone: 01708954862
Price Paid | Date |
---|---|
£271,000 | 26 May 2006 |
£205,000 | 5 Jul 2005 |
Terraced |
Freehold |
Floor Area: 94 sq meters or 1,011 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 May 2006 the House Price Index for GREATER LONDON was 85.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 75.844%.Applying this 75.844% change to the original purchase price of £271,000 results in an estimated price of approximately £476,537.
26 May 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
85.1 | 149.7 | 75.844 % | £271,000 | £205,537 | £476,537 |
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 | 127.585 % | £345,755 | £616,755 |
3 Month Average | 120.616 % | £326,870 | £597,870 |
6 Month Average | 110.716 % | £300,041 | £571,041 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
23 May 2024 | £215,000 | £215,000 | 7 DIAMOND COURT |
25 Apr 2024 | £494,292 | £490,000 | 18 BARTON ROAD |
30 Nov 2023 | £482,241 | £470,000 | 5 BARTON ROAD |
31 Mar 2023 | £483,067 | £475,000 | 16 ALBANY ROAD |
1 Sep 2022 | £440,706 | £441,000 | 10 BARTON ROAD |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 18 Jun 2015. Using an estimated price of £476,537 means this house is valued at £5,069 per sq meter (£470 per sq foot).
The average size of a house on ALBANY ROAD is 98 sq meters (1,064 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Other theft | Unable to prosecute suspect | On or near Barton Road |
Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Albany Road |
Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Albany Road |
Jul 2024 | Other theft | Under investigation | On or near Albany Road |
Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Albany Road |