£383,831
This estimated value is based upon the latest sale price for the house of £222,000 on 24 Jul 2006. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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116 North Street, Romford, RM1 1DL
Phone: 01708573629
| Price Paid | Date |
|---|---|
| £222,000 | 24 Jul 2006 |
| Terraced |
| Freehold |
| Floor Area: 107 sq meters or 1,151 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 July 2006 the House Price Index for GREATER LONDON was 85.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.897%.Applying this 72.897% change to the original purchase price of £222,000 results in an estimated price of approximately £383,831.
| 24 Jul 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.9 | 148.6 | 72.897 % | £222,000 | £161,831 | £383,831 |
The Postcode Pricing Model uses changes in average sales price within the RM1 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 | -36.581 % | £-81,210 | £140,789 |
| 3 Month Average | 88.473 % | £196,410 | £418,410 |
| 6 Month Average | 93.024 % | £206,512 | £428,512 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £452,925 | £445,000 | 82 PARKSIDE AVENUE |
| 28 Apr 2023 | £303,265 | £300,000 | 69 EASTERN AVENUE EAST |
| 18 Nov 2022 | £479,196 | £485,000 | 103 PARKSIDE AVENUE |
| 14 Jun 2022 | £649,174 | £640,000 | 124 PARKSIDE AVENUE |
| 30 May 2022 | £499,410 | £490,000 | 53 EASTERN AVENUE EAST |
This house has a floor area of 107 sq meters or 1,151 sq feet when measured on 21 Apr 2017. Using an estimated price of £383,831 means this house is valued at £3,587 per sq meter (£333 per sq foot).
The average size of a house on PARKSIDE AVENUE is 87 sq meters (944 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Fir Tree Close |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Parkside Avenue |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Parkside Avenue |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Parkside Avenue |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Petrol Station |