£744,216
This estimated value is based upon the latest sale price for the house of £583,750 on 3 Jul 2017. 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 |
|---|---|
| £583,750 | 3 Jul 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 July 2017 the House Price Index for GREATER LONDON was 116.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.489%.Applying this 27.489% change to the original purchase price of £583,750 results in an estimated price of approximately £744,216.
| 3 Jul 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.6 | 148.6 | 27.489 % | £583,750 | £160,466 | £744,216 |
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 | 54.702 % | £319,321 | £903,071 |
| 3 Month Average | 10.735 % | £62,665 | £646,415 |
| 6 Month Average | 8.256 % | £48,194 | £631,944 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £1,015,027 | £1,000,000 | 40 HERBERT ROAD |
| 3 Jul 2023 | £501,753 | £495,000 | 2 BEVERLEY GARDENS |
| 30 Aug 2022 | £922,517 | £925,000 | 52 HERBERT ROAD |
| 24 Jun 2022 | £1,176,628 | £1,160,000 | 11 CURTIS ROAD |
| 18 Mar 2022 | £2,383,403 | £2,300,000 | 2 ASTWOOD CLOSE |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 13 Jun 2017. Using an estimated price of £744,216 means this house is valued at £7,917 per sq meter (£735 per sq foot).
The average size of a house on BOWTHORPE CLOSE is 120 sq meters (1,291 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Under investigation | On or near Curtis Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Beverley Close |
| Jan 2024 | Anti-social behaviour | On or near Margaret Drive | |
| Jan 2024 | Anti-social behaviour | On or near Margaret Drive | |
| Jan 2024 | Anti-social behaviour | On or near Margaret Drive |