£439,898
This estimated value is based upon the latest sale price for the house of £410,000 on 30 Jun 2021. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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1 Collier Row Road, Romford, RM5 3NP
Phone: 01708573005
| Price Paid | Date |
|---|---|
| £410,000 | 30 Jun 2021 |
| £225,000 | 18 Oct 2013 |
| £117,000 | 27 Jul 2000 |
| Terraced |
| Freehold |
| Floor Area: 72 sq meters or 775 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 June 2021 the House Price Index for GREATER LONDON was 138.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.292%.Applying this 7.292% change to the original purchase price of £410,000 results in an estimated price of approximately £439,898.
| 30 Jun 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 148.6 | 7.292 % | £410,000 | £29,898 | £439,898 |
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 | 30.243 % | £123,994 | £533,994 |
| 3 Month Average | -2.580 % | £-10,578 | £399,421 |
| 6 Month Average | -4.758 % | £-19,509 | £390,490 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £452,925 | £445,000 | 124 MARLBOROUGH ROAD |
| 30 Nov 2023 | £271,012 | £267,000 | FLAT 9 CALGARY COURT, 117 MARLBOROUGH ROAD |
| 31 Jul 2023 | £268,615 | £265,000 | 30 BLANDFORD CLOSE |
| 9 Aug 2022 | £433,832 | £435,000 | 107 MARLBOROUGH ROAD |
| 24 Jun 2022 | £431,092 | £425,000 | 138 MARLBOROUGH ROAD |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 12 Mar 2013. Using an estimated price of £439,899 means this house is valued at £6,109 per sq meter (£567 per sq foot).
The average size of a house on MARLBOROUGH ROAD is 89 sq meters (968 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Burleigh Close |