£525,415
This estimated value is based upon the latest sale price for the house of £484,000 on 30 Sep 2021. 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 |
|---|---|
| £484,000 | 30 Sep 2021 |
| £382,500 | 10 Nov 2014 |
| £167,000 | 22 Aug 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 115 sq meters or 1,237 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 September 2021 the House Price Index for GREATER LONDON was 137.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.557%.Applying this 8.557% change to the original purchase price of £484,000 results in an estimated price of approximately £525,415.
| 30 Sep 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 149.7 | 8.557 % | £484,000 | £41,415 | £525,415 |
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 | 16.514 % | £79,927 | £563,927 |
| 3 Month Average | 11.638 % | £56,327 | £540,327 |
| 6 Month Average | 9.319 % | £45,104 | £529,104 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Mar 2024 | £467,178 | £460,000 | 140 BURNWAY |
| 17 Mar 2023 | £528,832 | £520,000 | 143 BURNWAY |
| 12 Jul 2022 | £608,184 | £602,090 | 17 MAYBUSH ROAD |
| 19 Jan 2022 | £599,012 | £565,000 | 144 BURNWAY |
| 30 Sep 2021 | £525,416 | £484,000 | 94 BURNWAY |
This house has a floor area of 115 sq meters or 1,237 sq feet when measured on 15 Apr 2014. Using an estimated price of £525,416 means this house is valued at £4,568 per sq meter (£424 per sq foot).
The average size of a house on BURNWAY is 98 sq meters (1,065 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Burnway | |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Burnway |
| Jul 2024 | Anti-social behaviour | On or near Glamis Drive | |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Glamis Drive |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Glamis Drive |