£406,601
This estimated value is based upon the latest sale price for the house of £280,000 on 22 Jun 2015. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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21 Station Parade, Hornchurch, RM12 5AB
Phone: 02081157548
| Price Paid | Date |
|---|---|
| £280,000 | 22 Jun 2015 |
| £115,000 | 25 May 2001 |
| Terraced |
| Freehold |
| Floor Area: 59 sq meters or 635 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 June 2015 the House Price Index for GREATER LONDON was 102.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.215%.Applying this 45.215% change to the original purchase price of £280,000 results in an estimated price of approximately £406,601.
| 22 Jun 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 102.3 | 148.6 | 45.215 % | £280,000 | £126,601 | £406,601 |
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 | 25.906 % | £72,535 | £352,535 |
| 3 Month Average | 48.865 % | £136,821 | £416,821 |
| 6 Month Average | 58.928 % | £164,999 | £444,999 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jul 2023 | £263,547 | £260,000 | 8 SARRE AVENUE |
| 31 Mar 2023 | £257,425 | £255,000 | 21 CRAWFORD COMPTON CLOSE |
| 31 Mar 2023 | £277,615 | £275,000 | 15 CRAWFORD COMPTON CLOSE |
| 24 Feb 2023 | £414,721 | £415,000 | 17 KIRTON CLOSE |
| 6 Jun 2022 | £405,734 | £400,000 | 29 CRAWFORD COMPTON CLOSE |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 5 Mar 2015. Using an estimated price of £406,602 means this house is valued at £6,891 per sq meter (£640 per sq foot).
The average size of a house on SARRE AVENUE is 58 sq meters (630 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Sarre Avenue |
| Jan 2024 | Anti-social behaviour | On or near Carbury Close | |
| Jan 2024 | Anti-social behaviour | On or near Carbury Close | |
| Jan 2024 | Anti-social behaviour | On or near Carbury Close | |
| Dec 2023 | Anti-social behaviour | On or near Carbury Close |