£324,950
This estimated value is based upon the latest sale price for the house of £200,000 on 20 Nov 2013. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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49a Butts Green Road, Hornchurch, RM11 2JS
Phone: 01708573204
| Price Paid | Date |
|---|---|
| £200,000 | 20 Nov 2013 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 58 sq meters or 624 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 November 2013 the House Price Index for GREATER LONDON was 91.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 62.475%.Applying this 62.475% change to the original purchase price of £200,000 results in an estimated price of approximately £324,950.
| 20 Nov 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.5 | 148.6 | 62.475 % | £200,000 | £124,950 | £324,950 |
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 | 174.936 % | £349,871 | £549,871 |
| 3 Month Average | 71.912 % | £143,824 | £343,824 |
| 6 Month Average | 45.129 % | £90,257 | £290,257 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Aug 2023 | £590,163 | £585,000 | 105 BUTTS GREEN ROAD |
| 25 Apr 2023 | £283,048 | £280,000 | FLAT 16 BATALEUR COURT, 117 BUTTS GREEN ROAD |
| 15 Nov 2022 | £313,206 | £317,000 | FLAT 5 EMERSON HOUSE BUTTS GREEN ROAD |
| 10 Jun 2022 | £278,942 | £275,000 | FLAT 11 EMERSON HOUSE BUTTS GREEN ROAD |
| 31 May 2022 | £356,722 | £350,000 | FLAT 9 EMERSON HOUSE BUTTS GREEN ROAD |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 2 Jul 2019. Using an estimated price of £324,950 means this house is valued at £5,602 per sq meter (£520 per sq foot).
The average size of a house on BUTTS GREEN ROAD is 70 sq meters (761 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Walden Way |
| Jan 2024 | Vehicle crime | Under investigation | On or near Walden Road |
| Jan 2024 | Vehicle crime | Under investigation | On or near Walden Road |