£314,684
This estimated value is based upon the latest sale price for the house of £280,000 on 6 Aug 2021. 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 Walden Way
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49a Butts Green Road, Hornchurch, RM11 2JS
Phone: 01708573204
| Price Paid | Date |
|---|---|
| £280,000 | 6 Aug 2021 |
| £239,995 | 24 Jul 2015 |
| £220,000 | 12 Dec 2006 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 60 sq meters or 645 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 August 2021 the House Price Index for GREATER LONDON was 133.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 12.387%.Applying this 12.387% change to the original purchase price of £280,000 results in an estimated price of approximately £314,684.
| 6 Aug 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 133.2 | 149.7 | 12.387 % | £280,000 | £34,684 | £314,684 |
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 | 33.409 % | £93,543 | £373,543 |
| 3 Month Average | 4.537 % | £12,704 | £292,704 |
| 6 Month Average | 12.066 % | £33,784 | £313,784 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £938,849 | £910,000 | 8 WALDEN WAY |
| 29 Aug 2023 | £595,745 | £585,000 | 105 BUTTS GREEN ROAD |
| 25 Apr 2023 | £285,337 | £280,000 | FLAT 16 BATALEUR COURT, 117 BUTTS GREEN ROAD |
| 15 Nov 2022 | £315,525 | £317,000 | FLAT 5 EMERSON HOUSE BUTTS GREEN ROAD |
| 10 Jun 2022 | £281,007 | £275,000 | FLAT 11 EMERSON HOUSE BUTTS GREEN ROAD |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 15 May 2019. Using an estimated price of £314,685 means this house is valued at £5,244 per sq meter (£487 per sq foot).
The average size of a house on BUTTS GREEN ROAD is 70 sq meters (761 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Walden Way |
| Oct 2024 | Burglary | Under investigation | On or near Walden Way |
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Walden Way |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Walden Way |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Walden Way |