£404,505
This estimated value is based upon the latest sale price for the house of £114,750 on 14 Mar 2001. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Petworth Way
More crime details
Get our free house price tracker.
21 Station Parade, Hornchurch, RM12 5AB
Phone: 02081157548
| Price Paid | Date |
|---|---|
| £114,750 | 14 Mar 2001 |
| Terraced |
| Freehold |
| Floor Area: 114 sq meters or 1,227 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 March 2001 the House Price Index for GREATER LONDON was 42.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 252.510%.Applying this 252.510% change to the original purchase price of £114,750 results in an estimated price of approximately £404,505.
| 14 Mar 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 42.5 | 149.7 | 252.510 % | £114,750 | £289,755 | £404,505 |
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 | 313.982 % | £360,294 | £475,044 |
| 3 Month Average | 289.018 % | £331,647 | £446,397 |
| 6 Month Average | 265.257 % | £304,382 | £419,132 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £389,897 | £380,000 | 6 PETWORTH WAY |
| 29 Sep 2023 | £393,678 | £385,000 | 30 PETWORTH WAY |
| 1 Sep 2023 | £460,143 | £450,000 | 331 UPPER RAINHAM ROAD |
| 20 Mar 2023 | £433,235 | £426,000 | 14 MIDHURST CLOSE |
| 9 Mar 2023 | £437,303 | £430,000 | 43 PETWORTH WAY |
This house has a floor area of 114 sq meters or 1,227 sq feet when measured on 4 Mar 2016. Using an estimated price of £404,505 means this house is valued at £3,548 per sq meter (£329 per sq foot).
The average size of a house on PETWORTH WAY is 109 sq meters (1,174 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Petworth Way |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Petworth Way |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Petworth Way |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Petworth Way |
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Petworth Way |