£503,447
This estimated value is based upon the latest sale price for the house of £455,000 on 8 Oct 2021. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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168-170 Hornchurch Road, Hornchurch, RM11 1QH
Phone: 01708954862
| Price Paid | Date |
|---|---|
| £455,000 | 8 Oct 2021 |
| £286,000 | 2 Sep 2011 |
| £285,000 | 23 Nov 2007 |
| £239,995 | 29 Apr 2005 |
| £184,500 | 2 Aug 2002 |
| Terraced |
| Freehold |
| Floor Area: 85 sq meters or 920 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 2021 the House Price Index for GREATER LONDON was 134.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 10.648%.Applying this 10.648% change to the original purchase price of £455,000 results in an estimated price of approximately £503,447.
| 8 Oct 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 134.3 | 148.6 | 10.648 % | £455,000 | £48,447 | £503,447 |
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 | 17.017 % | £77,425 | £532,425 |
| 3 Month Average | 5.512 % | £25,078 | £480,078 |
| 6 Month Average | -4.609 % | £-20,968 | £434,031 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2023 | £272,383 | £270,000 | 2A CREASEY CLOSE |
| 28 Apr 2023 | £758,163 | £750,000 | 1 CREASEY CLOSE |
| 31 Mar 2023 | £772,276 | £765,000 | 28 THE MALL |
| 7 Oct 2022 | £484,780 | £490,000 | 8 WALLIS CLOSE |
| 22 Jul 2022 | £767,065 | £765,000 | 69 ST LEONARDS WAY |
This house has a floor area of 85 sq meters or 920 sq feet when measured on 31 Jan 2011. Using an estimated price of £503,448 means this house is valued at £5,886 per sq meter (£546 per sq foot).
The average size of a house on HENDERSON CLOSE is 88 sq meters (952 sq feet).