£663,704
This estimated value is based upon the latest sale price for the house of £545,000 on 10 Dec 2018. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Elm Parade, St. Nicholas Avenue, Hornchurch, RM12 4RH
Phone: 01708874952
| Price Paid | Date |
|---|---|
| £545,000 | 10 Dec 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 135 sq meters or 1,453 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 December 2018 the House Price Index for GREATER LONDON was 120.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.781%.Applying this 21.781% change to the original purchase price of £545,000 results in an estimated price of approximately £663,704.
| 10 Dec 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 146.7 | 21.781 % | £545,000 | £118,704 | £663,704 |
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 | -6.046 % | £-32,948 | £512,051 |
| 3 Month Average | 29.036 % | £158,243 | £703,243 |
| 6 Month Average | 21.065 % | £114,802 | £659,802 |
This house has a floor area of 135 sq meters or 1,453 sq feet when measured on 28 Apr 2018.
The average size of a house on WILLOW CLOSE is 130 sq meters (1,408 sq feet).
This house is the largest in the street with a floor area of 135 sq meters (1,453 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Willow Close | |
| Jan 2024 | Anti-social behaviour | On or near Willow Close | |
| Jan 2024 | Anti-social behaviour | On or near Willow Close | |
| Dec 2023 | Burglary | Under investigation | On or near Parking Area |
| Dec 2023 | Robbery | Under investigation | On or near Parking Area |