£920,273
This estimated value is based upon the latest sale price for the house of £710,000 on 9 Mar 2017. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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16 North Street, Hornchurch, RM11 1RH
Phone: 01708573582
Price Paid | Date |
---|---|
£710,000 | 9 Mar 2017 |
Detached |
Freehold |
Floor Area: 148 sq meters or 1,593 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 2017 the House Price Index for GREATER LONDON was 114.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 29.616%.Applying this 29.616% change to the original purchase price of £710,000 results in an estimated price of approximately £920,273.
9 Mar 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
114.6 | 148.6 | 29.616 % | £710,000 | £210,273 | £920,273 |
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 | -14.969 % | £-106,276 | £603,723 |
3 Month Average | -3.436 % | £-24,396 | £685,603 |
6 Month Average | -0.832 % | £-5,905 | £704,094 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Nov 2023 | £406,011 | £400,000 | 75 WINGLETYE LANE |
11 Sep 2023 | £815,426 | £805,000 | 15 ROSEACRE CLOSE |
6 Feb 2023 | £924,378 | £925,000 | 2 ROSEACRE CLOSE |
11 Jan 2023 | £622,070 | £625,000 | 68 WINGLETYE LANE |
26 May 2022 | £437,239 | £429,000 | 25 HALCYON WAY |
This house has a floor area of 148 sq meters or 1,593 sq feet when measured on 15 Sep 2016. Using an estimated price of £920,273 means this house is valued at £6,218 per sq meter (£577 per sq foot).
The average size of a house on ROSEACRE CLOSE is 175 sq meters (1,886 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Vehicle crime | Under investigation | On or near Curtis Road |
Dec 2023 | Vehicle crime | Under investigation | On or near Curtis Road |
Dec 2023 | Anti-social behaviour | On or near Lee Gardens Avenue | |
Dec 2023 | Anti-social behaviour | On or near Lee Gardens Avenue | |
Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Lee Gardens Avenue |