£490,532
This estimated value is based upon the latest sale price for the house of £420,000 on 18 Nov 2020. 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 |
---|---|
£420,000 | 18 Nov 2020 |
Semi-Detached |
Freehold |
Floor Area: 98 sq meters or 1,054 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 November 2020 the House Price Index for GREATER LONDON was 128.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 16.794%.Applying this 16.794% change to the original purchase price of £420,000 results in an estimated price of approximately £490,532.
18 Nov 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
128.2 | 149.7 | 16.794 % | £420,000 | £70,532 | £490,532 |
The Postcode Pricing Model uses changes in average sales price within the RM12 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 | 15.875 % | £66,676 | £486,676 |
3 Month Average | 12.020 % | £50,484 | £470,484 |
6 Month Average | 13.144 % | £55,205 | £475,205 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Aug 2023 | £425,168 | £417,500 | 32 STRATHMORE GARDENS |
15 Mar 2023 | £498,322 | £490,000 | 279 HORNCHURCH ROAD |
16 Feb 2023 | £101 | £100 | 307 HORNCHURCH ROAD |
31 Mar 2022 | £511,527 | £490,000 | 2 HAYBURN WAY |
13 Dec 2021 | £458,706 | £425,000 | 12 UPPER RAINHAM ROAD |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 10 Mar 2020. Using an estimated price of £490,533 means this house is valued at £5,005 per sq meter (£465 per sq foot).
The average size of a house on HAYBURN WAY is 102 sq meters (1,108 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hollywell Grove |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Roneo Link |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Roneo Link |
Aug 2024 | Burglary | Under investigation | On or near Rainsford Way |
Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Strathmore Gardens |