£871,289
This estimated value is based upon the latest sale price for the house of £600,000 on 12 Jun 2015. 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 |
---|---|
£600,000 | 12 Jun 2015 |
Detached |
Freehold |
Floor Area: 130 sq meters or 1,399 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 £600,000 results in an estimated price of approximately £871,289.
12 Jun 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
102.3 | 148.6 | 45.215 % | £600,000 | £271,289 | £871,289 |
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 % | £726,786 | £1,326,786 |
3 Month Average | 41.686 % | £250,114 | £850,114 |
6 Month Average | 19.665 % | £117,991 | £717,991 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
16 Nov 2023 | £943,975 | £930,000 | 23 NELMES CRESCENT |
21 Aug 2023 | £958,384 | £950,000 | 79 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 |
This house has a floor area of 130 sq meters or 1,399 sq feet when measured on 23 Feb 2015. Using an estimated price of £871,290 means this house is valued at £6,702 per sq meter (£622 per sq foot).
The average size of a house on NELMES CRESCENT is 181 sq meters (1,952 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Vehicle crime | Under investigation | On or near The Sheilings |
Mar 2024 | Burglary | Under investigation | On or near The Witherings |
Apr 2024 | Burglary | Under investigation | On or near Newman Close |
Apr 2024 | Vehicle crime | Under investigation | On or near Newman Close |
Apr 2024 | Vehicle crime | Under investigation | On or near Nelwyn Avenue |