£205,455
This estimated value is based upon the latest sale price for the house of £122,500 on 25 Apr 2013. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Oak Street
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116 North Street, Romford, RM1 1DL
Phone: 01708573629
Price Paid | Date |
---|---|
£122,500 | 25 Apr 2013 |
£39,000 | 31 May 1996 |
Flats/Maisonettes |
Leasehold |
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 April 2013 the House Price Index for GREATER LONDON was 88.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 67.719%.Applying this 67.719% change to the original purchase price of £122,500 results in an estimated price of approximately £205,455.
25 Apr 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
88.6 | 148.6 | 67.719 % | £122,500 | £82,955 | £205,455 |
The Postcode Pricing Model uses changes in average sales price within the RM7 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 | 145.278 % | £177,965 | £300,465 |
3 Month Average | 79.694 % | £97,624 | £220,124 |
6 Month Average | 84.525 % | £103,543 | £226,043 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Apr 2023 | £211,275 | £209,000 | 123B MAWNEY ROAD |
11 Nov 2022 | £434,734 | £440,000 | 13 OAK STREET |
30 Aug 2022 | £473,725 | £475,000 | 148 MAWNEY ROAD |
22 Aug 2022 | £455,773 | £457,000 | 116 PRETORIA ROAD |
27 Jul 2022 | £511,377 | £510,000 | 128 MAWNEY ROAD |
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Anti-social behaviour | On or near Oak Street | |
Jan 2024 | Anti-social behaviour | On or near Oak Street | |
Jan 2024 | Anti-social behaviour | On or near Oak Street | |
Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Oak Street |
Dec 2023 | Burglary | Awaiting court outcome | On or near Lime Close |