£987,073
This estimated value is based upon the latest sale price for the house of £790,000 on 9 Feb 2018. 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 |
---|---|
£790,000 | 9 Feb 2018 |
£90,034 | 28 Nov 2003 |
Detached |
Freehold |
Floor Area: 105 sq meters or 1,130 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 February 2018 the House Price Index for GREATER LONDON was 118.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.946%.Applying this 24.946% change to the original purchase price of £790,000 results in an estimated price of approximately £987,073.
9 Feb 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.9 | 148.6 | 24.946 % | £790,000 | £197,073 | £987,073 |
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 | 97.591 % | £770,971 | £1,560,971 |
3 Month Average | 11.542 % | £91,180 | £881,180 |
6 Month Average | -0.664 % | £-5,241 | £784,758 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
16 Nov 2023 | £943,975 | £930,000 | 23 NELMES CRESCENT |
19 Jul 2023 | £1,317,735 | £1,300,000 | 5 NELMES CLOSE |
7 Jul 2023 | £1,038,984 | £1,025,000 | 33 NELMES CRESCENT |
19 Jun 2023 | £1,214,714 | £1,200,000 | 29 NELMES CRESCENT |
6 Mar 2023 | £1,019,606 | £1,010,000 | 44 WAKERFIELD CLOSE |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 27 Oct 2017. Using an estimated price of £987,074 means this house is valued at £9,400 per sq meter (£873 per sq foot).
The average size of a house on NELMES CRESCENT is 181 sq meters (1,952 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Brookside |
Jan 2024 | Burglary | Under investigation | On or near Banyards |
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Platford Green |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Platford Green |