£309,217
This estimated value is based upon the latest sale price for the house of £200,000 on 29 May 2014. 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 |
|---|---|
| £200,000 | 29 May 2014 |
| Terraced |
| Freehold |
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 May 2014 the House Price Index for GREATER LONDON was 96.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 54.609%.Applying this 54.609% change to the original purchase price of £200,000 results in an estimated price of approximately £309,217.
| 29 May 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.1 | 148.6 | 54.609 % | £200,000 | £109,217 | £309,217 |
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 | 114.897 % | £229,793 | £429,793 |
| 3 Month Average | 83.041 % | £166,081 | £366,081 |
| 6 Month Average | 77.189 % | £154,378 | £354,378 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Nov 2023 | £215,693 | £212,500 | FLAT 74 THE ROTUNDA YEW TREE GARDENS |
| 5 Apr 2023 | £352,799 | £349,000 | 32 LONDON ROAD |
| 17 Feb 2023 | £249,832 | £250,000 | FLAT 1 VICTORIAN COURT, 30 MAWNEY ROAD |
| 20 Jun 2022 | £436,164 | £430,000 | 4 PETTLEY GARDENS |
| 14 Apr 2022 | £226,556 | £220,000 | FLAT 49 THE ROTUNDA YEW TREE GARDENS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Yew Tree Gardens |
| Dec 2023 | Anti-social behaviour | On or near Pettley Gardens | |
| Dec 2023 | Anti-social behaviour | On or near Pettley Gardens | |
| Dec 2023 | Anti-social behaviour | On or near Pettley Gardens | |
| Dec 2023 | Anti-social behaviour | On or near Pettley Gardens |