£1,105,778
This estimated value is based upon the latest sale price for the house of £640,000 on 2 Sep 2011. 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 |
|---|---|
| £640,000 | 2 Sep 2011 |
| Detached |
| Freehold |
| Floor Area: 166 sq meters or 1,786 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 2011 the House Price Index for GREATER LONDON was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.778%.Applying this 72.778% change to the original purchase price of £640,000 results in an estimated price of approximately £1,105,778.
| 2 Sep 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.778 % | £640,000 | £465,778 | £1,105,778 |
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 | 150.785 % | £965,021 | £1,605,021 |
| 3 Month Average | 77.489 % | £495,929 | £1,135,929 |
| 6 Month Average | 50.970 % | £326,208 | £966,208 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £1,129,767 | £1,110,000 | 29 ARDLEIGH GREEN ROAD |
| 29 Aug 2023 | £680,957 | £675,000 | 55 HAYNES ROAD |
| 14 Jul 2023 | £516,958 | £510,000 | 11 BOWERS |
| 24 Apr 2023 | £672,238 | £665,000 | 2A HAYNES ROAD |
| 15 Feb 2023 | £364,755 | £365,000 | FLAT 15 NELMES COURT NELMES WAY |
This house has a floor area of 166 sq meters or 1,786 sq feet when measured on 11 Dec 2015. Using an estimated price of £1,105,778 means this house is valued at £6,661 per sq meter (£618 per sq foot).
The average size of a house on ARDLEIGH GREEN ROAD is 135 sq meters (1,459 sq feet).