£474,952
This estimated value is based upon the latest sale price for the house of £400,000 on 17 Sep 2020. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Elm Parade, St. Nicholas Avenue, Hornchurch, RM12 4RH
Phone: 01708874952
| Price Paid | Date |
|---|---|
| £400,000 | 17 Sep 2020 |
| £326,000 | 15 Jun 2016 |
| £190,000 | 4 Jan 2007 |
| £192,000 | 8 Apr 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 90 sq meters or 968 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 2020 the House Price Index for GREATER LONDON was 125.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 18.738%.Applying this 18.738% change to the original purchase price of £400,000 results in an estimated price of approximately £474,952.
| 17 Sep 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 148.6 | 18.738 % | £400,000 | £74,952 | £474,952 |
The Postcode Pricing Model uses changes in average sales price within the RM12 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 | 14.023 % | £56,090 | £456,090 |
| 3 Month Average | 15.432 % | £61,726 | £461,726 |
| 6 Month Average | 16.550 % | £66,198 | £466,198 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £380,635 | £375,000 | 10 HARVARD WALK |
| 10 Jul 2023 | £433,839 | £428,000 | 289 WARREN DRIVE |
| 27 Jun 2023 | £389,721 | £385,000 | 60 COWDRAY WAY |
| 16 Mar 2023 | £434,090 | £430,000 | 4 YALE WAY |
| 28 Oct 2022 | £507,535 | £513,000 | 291 WARREN DRIVE |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 15 Jun 2020. Using an estimated price of £474,953 means this house is valued at £5,277 per sq meter (£490 per sq foot).
The average size of a house on ELM PARK AVENUE is 77 sq meters (828 sq feet).