£274,085
This estimated value is based upon the latest sale price for the house of £182,100 on 1 Sep 2014. 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 |
|---|---|
| £182,100 | 1 Sep 2014 |
| £155,000 | 23 Jun 2011 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 68 sq meters or 740 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 September 2014 the House Price Index for GREATER LONDON was 98.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 50.514%.Applying this 50.514% change to the original purchase price of £182,100 results in an estimated price of approximately £274,085.
| 1 Sep 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.7 | 148.6 | 50.514 % | £182,100 | £91,985 | £274,085 |
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 | 94.383 % | £171,870 | £353,970 |
| 3 Month Average | 50.707 % | £92,336 | £274,436 |
| 6 Month Average | 57.708 % | £105,087 | £287,187 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2023 | £464,060 | £460,000 | 17 ABBOTTS CLOSE |
| 13 Feb 2023 | £464,687 | £465,000 | 12 ABBOTTS CLOSE |
| 20 Oct 2022 | £368,532 | £372,500 | 161 CROSS ROAD |
| 2 Sep 2022 | £535,674 | £540,000 | 137 CROSS ROAD |
| 22 Jul 2022 | £561,512 | £560,000 | 14 ABBOTTS CLOSE |
This house has a floor area of 68 sq meters or 740 sq feet when measured on 29 Sep 2010. Using an estimated price of £274,086 means this house is valued at £3,984 per sq meter (£370 per sq foot).
The average size of a house on MAWNEY CLOSE is 77 sq meters (829 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Mawney Close |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Mawney Close |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Barham Close |
| Jan 2024 | Public order | Under investigation | On or near Barham Close |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near White Hart Lane |