£429,501
This estimated value is based upon the latest sale price for the house of £385,000 on 28 May 2021. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Head Office, Romford, RM7 0RR
Phone: 02045173976
| Price Paid | Date |
|---|---|
| £385,000 | 28 May 2021 |
| £360,000 | 3 Mar 2017 |
| £190,000 | 13 Nov 2009 |
| Terraced |
| Freehold |
| Floor Area: 71 sq meters or 764 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 May 2021 the House Price Index for GREATER LONDON was 131.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 11.559%.Applying this 11.559% change to the original purchase price of £385,000 results in an estimated price of approximately £429,501.
| 28 May 2021 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 131.5 | 146.7 | 11.559 % | £385,000 | £44,501 | £429,501 |
The Postcode Pricing Model uses changes in average sales price within the RM7 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 | 22.785 % | £87,721 | £472,721 |
| 3 Month Average | -7.434 % | £-28,619 | £356,380 |
| 6 Month Average | 1.775 % | £6,833 | £391,833 |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 30 Jul 2016.
The average size of a house on HORNFORD WAY is 101 sq meters (1,089 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Hornford Way | |
| Jan 2024 | Anti-social behaviour | On or near Hornford Way | |
| Jan 2024 | Anti-social behaviour | On or near Hornford Way | |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Hornford Way |
| Dec 2023 | Vehicle crime | Under investigation | On or near Hornford Way |