£869,696
This estimated value is based upon the latest sale price for the house of £820,000 on 25 Jun 2021. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
Get our free house price tracker.
49a Butts Green Road, Hornchurch, RM11 2JS
Phone: 01708573204
Price Paid | Date |
---|---|
£820,000 | 25 Jun 2021 |
£815,000 | 10 Jan 2020 |
Detached |
Freehold |
Floor Area: 129 sq meters or 1,388 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 2021 the House Price Index for GREATER LONDON was 138.6.
The House Price Index as of 1 Jan 2024 is 147.0 which is a change of 6.061%.Applying this 6.061% change to the original purchase price of £820,000 results in an estimated price of approximately £869,696.
25 Jun 2021 | 1 Jan 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
138.6 | 147.0 | 6.061 % | £820,000 | £49,696 | £869,696 |
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 | 18.795 % | £154,120 | £974,120 |
3 Month Average | -23.100 % | £-189,417 | £630,582 |
6 Month Average | -2.080 % | £-17,058 | £802,941 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Jul 2023 | £1,308,220 | £1,310,000 | 7A NELMES ROAD |
12 Jul 2023 | £1,672,724 | £1,675,000 | 20 ROCKCHASE GARDENS |
10 Jul 2023 | £1,832,507 | £1,835,000 | 9 PARKSTONE AVENUE |
9 Jun 2023 | £1,541,853 | £1,545,000 | 5A NELMES ROAD |
8 Sep 2022 | £2,205,000 | £2,250,000 | 6 PORCHESTER CLOSE |
This house has a floor area of 129 sq meters or 1,388 sq feet when measured on 9 Aug 2019. Using an estimated price of £869,697 means this house is valued at £6,741 per sq meter (£626 per sq foot).
The average size of a house on NELMES ROAD is 294 sq meters (3,166 sq feet).
This house is the smallest in the street with a floor area of 129 sq meters (1,388 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Vehicle crime | Under investigation | On or near Nelmes Road |
Nov 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Nelmes Road |
Oct 2023 | Violence and sexual offences | Under investigation | On or near Rockchase Gardens |
Oct 2023 | Burglary | Investigation complete; no suspect identified | On or near Elm Grove |
Nov 2023 | Burglary | Investigation complete; no suspect identified | On or near Freeman Way |