£1,310,112
This estimated value is based upon the latest sale price for the house of £235,000 on 31 Jul 1996. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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120 North Street, Hornchurch, RM11 1SU
Phone: 02081150913
Price Paid | Date |
---|---|
£235,000 | 31 Jul 1996 |
Detached |
Freehold |
Floor Area: 347 sq meters or 3,735 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 1996 the House Price Index for GREATER LONDON was 26.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 457.495%.Applying this 457.495% change to the original purchase price of £235,000 results in an estimated price of approximately £1,310,112.
31 Jul 1996 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
26.7 | 148.6 | 457.495 % | £235,000 | £1,075,112 | £1,310,112 |
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 | 725.798 % | £1,705,624 | £1,940,624 |
3 Month Average | 399.677 % | £939,242 | £1,174,242 |
6 Month Average | 340.394 % | £799,925 | £1,034,925 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Dec 2023 | £1,201,014 | £1,180,000 | 8 BERTHER ROAD |
25 Aug 2023 | £363,177 | £360,000 | FLAT 12 THORPE LODGE PARKSTONE AVENUE |
18 Jul 2023 | £288,888 | £285,000 | FLAT 11 NOBLE COURT, 126 NORTH STREET |
7 Jul 2023 | £405,457 | £400,000 | FLAT 6 THORPE LODGE PARKSTONE AVENUE |
1 Jun 2023 | £415,027 | £410,000 | APARTMENT 13 TILIA COURT, 1 BERTHER ROAD |
This house has a floor area of 347 sq meters or 3,735 sq feet when measured on 27 Sep 2017. Using an estimated price of £1,310,112 means this house is valued at £3,775 per sq meter (£350 per sq foot).
The average size of a house on BERTHER ROAD is 165 sq meters (1,780 sq feet).
This house is the largest in the street with a floor area of 347 sq meters (3,735 sq feet).