£1,514,324
This estimated value is based upon the latest sale price for the house of £1,500,000 on 10 Jul 2023. 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 |
|---|---|
| £1,500,000 | 10 Jul 2023 |
| £425,000 | 30 Jul 2004 |
| Detached |
| Freehold |
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 July 2023 the House Price Index for GREATER LONDON was 146.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 0.955%.Applying this 0.955% change to the original purchase price of £1,500,000 results in an estimated price of approximately £1,514,324.
| 10 Jul 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.6 | 148.0 | 0.955 % | £1,500,000 | £14,324 | £1,514,324 |
The Postcode Pricing Model uses changes in average sales price within the RM11 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 | 14.406 % | £216,086 | £1,716,086 |
| 3 Month Average | -4.580 % | £-68,702 | £1,431,297 |
| 6 Month Average | -14.985 % | £-224,768 | £1,275,231 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Jul 2023 | £848,022 | £840,000 | 5 ROCKINGHAM AVENUE |
| 10 Jul 2023 | £1,514,325 | £1,500,000 | 70 HARROW DRIVE |
| 11 Nov 2022 | £624,867 | £635,000 | 66 ELMHURST DRIVE |
| 22 Jul 2022 | £719,028 | £720,000 | 57 ELMHURST DRIVE |
| 17 Jun 2022 | £1,767,918 | £1,750,000 | 73A HARROW DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Harrow Drive |
| Jan 2024 | Other crime | Under investigation | On or near Harrow Drive |
| Apr 2024 | Vehicle crime | Under investigation | On or near Hurstlands Close |
| Apr 2024 | Vehicle crime | Under investigation | On or near Hurstlands Close |
| Mar 2024 | Vehicle crime | Under investigation | On or near Hurstlands Close |