£1,515,935
This estimated value is based upon the latest sale price for the house of £1,425,000 on 3 Sep 2021. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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120 North Street, Hornchurch, RM11 1SU
Phone: 02081150913
| Price Paid | Date |
|---|---|
| £1,425,000 | 3 Sep 2021 |
| Detached |
| Freehold |
| Floor Area: 341 sq meters or 3,670 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 2021 the House Price Index for GREATER LONDON was 137.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 6.381%.Applying this 6.381% change to the original purchase price of £1,425,000 results in an estimated price of approximately £1,515,935.
| 3 Sep 2021 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 146.7 | 6.381 % | £1,425,000 | £90,935 | £1,515,935 |
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 | -9.456 % | £-134,743 | £1,290,256 |
| 3 Month Average | -5.875 % | £-83,724 | £1,341,275 |
| 6 Month Average | -3.549 % | £-50,580 | £1,374,419 |
This house has a floor area of 341 sq meters or 3,670 sq feet when measured on 2 Jul 2021.
The average size of a house on NELMES ROAD is 294 sq meters (3,166 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Under investigation | On or near Nelmes Road |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Meadowlands |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Maybush Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Maybush Road |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Maybush Road |