£624,424
This estimated value is based upon the latest sale price for the house of £430,000 on 5 Jun 2015. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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16 North Street, Hornchurch, RM11 1RH
Phone: 01708573582
Price Paid | Date |
---|---|
£430,000 | 5 Jun 2015 |
£220,000 | 4 Apr 2002 |
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 June 2015 the House Price Index for GREATER LONDON was 102.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.215%.Applying this 45.215% change to the original purchase price of £430,000 results in an estimated price of approximately £624,424.
5 Jun 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
102.3 | 148.6 | 45.215 % | £430,000 | £194,424 | £624,424 |
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 | 121.131 % | £520,863 | £950,863 |
3 Month Average | 41.686 % | £179,249 | £609,249 |
6 Month Average | 19.665 % | £84,560 | £514,560 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Sep 2023 | £723,247 | £714,000 | 48 BEVERLEY GARDENS |
7 Jul 2023 | £699,413 | £690,000 | 40 WOODHALL CRESCENT |
3 Jul 2023 | £501,753 | £495,000 | 2 BEVERLEY GARDENS |
28 Mar 2023 | £454,280 | £450,000 | 28 WOODHALL CRESCENT |
21 Feb 2023 | £579,610 | £580,000 | 2 PEGELM GARDENS |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 12 Sep 2014. Using an estimated price of £624,424 means this house is valued at £6,938 per sq meter (£644 per sq foot).
The average size of a house on PEGELM GARDENS is 127 sq meters (1,373 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Anti-social behaviour | On or near Margaret Drive | |
Jan 2024 | Anti-social behaviour | On or near Margaret Drive | |
Jan 2024 | Anti-social behaviour | On or near Margaret Drive | |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Beverley Close |
Jan 2024 | Vehicle crime | Under investigation | On or near Curtis Road |