£392,873
This estimated value is based upon the latest sale price for the house of £385,000 on 27 Jun 2023. 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 Yale Way
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21 Station Parade, Hornchurch, RM12 5AB
Phone: 02081157548
| Price Paid | Date |
|---|---|
| £385,000 | 27 Jun 2023 |
| £63,000 | 21 Apr 1995 |
| Terraced |
| Freehold |
| Floor Area: 86 sq meters or 925 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 2023 the House Price Index for GREATER LONDON was 146.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.045%.Applying this 2.045% change to the original purchase price of £385,000 results in an estimated price of approximately £392,873.
| 27 Jun 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.7 | 149.7 | 2.045 % | £385,000 | £7,873 | £392,873 |
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 | 25.481 % | £98,102 | £483,102 |
| 3 Month Average | 8.209 % | £31,605 | £416,605 |
| 6 Month Average | 2.794 % | £10,754 | £395,754 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Apr 2024 | £388,373 | £385,000 | 28 YALE WAY |
| 27 Jun 2023 | £392,873 | £385,000 | 60 COWDRAY WAY |
| 16 Mar 2023 | £418,997 | £412,000 | 144 ST ANDREWS AVENUE |
| 16 Mar 2023 | £437,303 | £430,000 | 4 YALE WAY |
| 23 Jan 2023 | £386,533 | £385,500 | 166 ST ANDREWS AVENUE |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 21 Jun 2013. Using an estimated price of £392,873 means this house is valued at £4,568 per sq meter (£424 per sq foot).
The average size of a house on COWDRAY WAY is 101 sq meters (1,091 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Burglary | Under investigation | On or near Yale Way |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Yale Way |
| Aug 2024 | Anti-social behaviour | On or near Yale Way | |
| Aug 2024 | Anti-social behaviour | On or near Yale Way | |
| Aug 2024 | Anti-social behaviour | On or near Yale Way |