£3,164,253
This estimated value is based upon the latest sale price for the house of £2,525,000 on 28 Mar 2018. 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 |
|---|---|
| £2,525,000 | 28 Mar 2018 |
| £1,250,000 | 14 Aug 2012 |
| Detached |
| Freehold |
| Floor Area: 719 sq meters or 7,739 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 March 2018 the House Price Index for GREATER LONDON was 118.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.317%.Applying this 25.317% change to the original purchase price of £2,525,000 results in an estimated price of approximately £3,164,253.
| 28 Mar 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.6 | 148.6 | 25.317 % | £2,525,000 | £639,253 | £3,164,253 |
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 | 103.363 % | £2,609,926 | £5,134,926 |
| 3 Month Average | 33.596 % | £848,306 | £3,373,306 |
| 6 Month Average | -0.369 % | £-9,317 | £2,515,682 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Nov 2023 | £1,050,553 | £1,035,000 | 10 FREEMAN WAY |
| 15 Sep 2023 | £3,393,388 | £3,350,000 | 17 ELM GROVE |
| 12 Sep 2023 | £1,418,132 | £1,400,000 | 12 ERNEST ROAD |
| 24 Jul 2023 | £1,327,872 | £1,310,000 | 7A NELMES ROAD |
| 23 Mar 2023 | £2,523,777 | £2,500,000 | 39 PARKSTONE AVENUE |
This house has a floor area of 719 sq meters or 7,739 sq feet when measured on 17 Sep 2014. Using an estimated price of £3,164,254 means this house is valued at £4,400 per sq meter (£408 per sq foot).
The average size of a house on ELM GROVE is 444 sq meters (4,788 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Under investigation | On or near Nelmes Road |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near The Witherings |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Brookside |