£1,736,247
This estimated value is based upon the latest sale price for the house of £1,250,000 on 19 Oct 2015. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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49a Butts Green Road, Hornchurch, RM11 2JS
Phone: 01708573204
Price Paid | Date |
---|---|
£1,250,000 | 19 Oct 2015 |
Detached |
Freehold |
Floor Area: 377 sq meters or 4,058 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 October 2015 the House Price Index for GREATER LONDON was 105.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 38.900%.Applying this 38.900% change to the original purchase price of £1,250,000 results in an estimated price of approximately £1,736,247.
19 Oct 2015 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
105.6 | 146.7 | 38.900 % | £1,250,000 | £486,247 | £1,736,247 |
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 | -2.046 % | £-25,572 | £1,224,427 |
3 Month Average | -19.012 % | £-237,649 | £1,012,350 |
6 Month Average | 18.098 % | £226,227 | £1,476,227 |
This house has a floor area of 377 sq meters or 4,058 sq feet when measured on 22 Oct 2011.
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 |
Nov 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Nelmes Road |
Nov 2023 | Burglary | Investigation complete; no suspect identified | On or near Freeman Way |
Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Meadowlands |
Nov 2023 | Violence and sexual offences | Local resolution | On or near Meadowlands |