£1,345,996
This estimated value is based upon the latest sale price for the house of £850,000 on 7 Feb 2014. 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 |
---|---|
£850,000 | 7 Feb 2014 |
£850,000 | 26 Oct 2012 |
Detached |
Freehold |
Floor Area: 218 sq meters or 2,346 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 February 2014 the House Price Index for GREATER LONDON was 93.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 58.353%.Applying this 58.353% change to the original purchase price of £850,000 results in an estimated price of approximately £1,345,996.
7 Feb 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
93.8 | 148.6 | 58.353 % | £850,000 | £495,996 | £1,345,996 |
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 | 141.834 % | £1,205,589 | £2,055,589 |
3 Month Average | 60.745 % | £516,335 | £1,366,335 |
6 Month Average | 44.278 % | £376,358 | £1,226,358 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Sep 2023 | £3,393,388 | £3,350,000 | 17 ELM GROVE |
14 Aug 2023 | £1,513,238 | £1,500,000 | 40 NELMES WAY |
28 Oct 2022 | £1,815,453 | £1,835,000 | 5 AYLOFFS WALK |
29 Jul 2022 | £1,905,128 | £1,900,000 | 34 NELMES WAY |
28 Jul 2022 | £1,203,239 | £1,200,000 | 19 AYLOFFS WALK |
This house has a floor area of 218 sq meters or 2,346 sq feet when measured on 3 May 2012. Using an estimated price of £1,345,997 means this house is valued at £6,174 per sq meter (£573 per sq foot).
The average size of a house on BROOKSIDE is 217 sq meters (2,342 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Brookside |
Jan 2024 | Burglary | Under investigation | On or near Banyards |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Platford Green |
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Platford Green |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Russetts |