57, CRANHAM ROAD, HORNCHURCH, RM11 2AB - £480,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

57 CRANHAM ROAD is a very small detached house of 78m², built sometime between 1930 and 1949, which could now be worth an estimated £522,461. It was last sold for £480,000 in November 2021, which was around 36% below the average November 2021 detached price in the Havering local authority area. The most recent EPC inspection was March 2021, where the current energy rating was E, and the potential energy rating was D.

57 CRANHAM ROAD Sold Prices

Land registry data shows five sales for 57 CRANHAM ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Havering local authority area for the corresponding sale date. All of the five 57 CRANHAM ROAD sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2021 24 NOV	£480,000	£753,275	36% below HPI
2004 17 AUG	£274,000	£356,946	23% below HPI
2002 5 APR	£169,000	£266,270	37% below HPI
2000 30 JUN	£150,000	£216,306	31% below HPI
1998 12 NOV	£95,000	£172,104	45% below HPI

57 CRANHAM ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Havering local authority area over time, sourced from the HPI. The five 57 CRANHAM ROAD sales between November 1998 and November 2021 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the August 2004 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the November 2021 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 57 CRANHAM ROAD be worth now?

57 CRANHAM ROAD might now be worth an estimated £522,461.

This is based on house price inflation of 8.8%, between November 2021 and February 2025, for detached houses, in the Havering local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 8.8% inflationary increase is applied to the most recent sale price for 57 CRANHAM ROAD of £480,000 on 24th November 2021. For the value to have increased from £480,000 to £522,461 over the four years and nine months to February 2025, the following assumptions must hold true:

• The value of 57 CRANHAM ROAD has moved in line with the HPI for detached houses in the Havering local authority area.
• The November 2021 sale price of £480,000 represented a fair market value for the property.
• The size, condition, and specification of 57 CRANHAM ROAD has not materially changed since November 2021.

How Large is 57 CRANHAM ROAD?

57 CRANHAM ROAD is 78m² according to the EPC inspection conducted in March 2021. This puts it in the smallest 10% of detached houses houses in Romford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Romford, and where 57 CRANHAM ROAD lies on this distribution: 9% of detached houses houses are smaller than 57 CRANHAM ROAD, and 90% of houses are larger. Note that EPC data is not available for all properties in Romford.

57 CRANHAM ROAD: Plot and Title Map

57 CRANHAM ROAD sits on a plot of roughly 0.067 of an acre, or 273m². The below map shows the location of 57 CRANHAM ROAD, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 57 CRANHAM ROAD). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 57 CRANHAM ROAD?

57 CRANHAM ROAD is located in HORNCHURCH, in the RM11 postcode district. The below map shows the position of No. 57 on CRANHAM ROAD.