£439,420
This estimated value is based upon the latest sale price for the house of £330,000 on 22 Jul 2016. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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179 Squirrels Heath Lane, Hornchurch, RM11 2DX
Phone: 01708573002
Price Paid | Date |
---|---|
£330,000 | 22 Jul 2016 |
£216,000 | 17 May 2013 |
£81,000 | 22 May 1998 |
Semi-Detached |
Freehold |
Floor Area: 59 sq meters or 635 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 July 2016 the House Price Index for GREATER LONDON was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.158%.Applying this 33.158% change to the original purchase price of £330,000 results in an estimated price of approximately £439,420.
22 Jul 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.6 | 148.6 | 33.158 % | £330,000 | £109,420 | £439,420 |
The Postcode Pricing Model uses changes in average sales price within the RM3 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 | 28.404 % | £93,732 | £423,732 |
3 Month Average | -2.483 % | £-8,195 | £321,804 |
6 Month Average | 22.767 % | £75,130 | £405,130 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Dec 2023 | £249,363 | £245,000 | 56 COPPERFIELDS WAY |
16 Nov 2023 | £408,041 | £402,000 | 9 BUTTERCUP CLOSE |
11 Sep 2023 | £222,849 | £220,000 | 15 WHITELANDS WAY |
11 Sep 2023 | £222,849 | £220,000 | 11 WHITELANDS WAY |
31 Jul 2023 | £430,798 | £425,000 | 48 COPPERFIELDS WAY |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 28 Nov 2012. Using an estimated price of £439,420 means this house is valued at £7,447 per sq meter (£691 per sq foot).
The average size of a house on BUTTERCUP CLOSE is 79 sq meters (850 sq feet).