£422,487
This estimated value is based upon the latest sale price for the house of £89,995 on 17 Jun 1998. 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 |
|---|---|
| £89,995 | 17 Jun 1998 |
| Semi-Detached |
| 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 June 1998 the House Price Index for GREATER LONDON was 31.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 369.456%.Applying this 369.456% change to the original purchase price of £89,995 results in an estimated price of approximately £422,487.
| 17 Jun 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 31.7 | 148.6 | 369.456 % | £89,995 | £332,492 | £422,487 |
The Postcode Pricing Model uses changes in average sales price within the RM5 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 | 209.091 % | £188,171 | £278,166 |
| 3 Month Average | 294.333 % | £264,884 | £354,879 |
| 6 Month Average | 362.944 % | £326,631 | £416,626 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Jul 2023 | £557,503 | £550,000 | 209 COLLIER ROW LANE |
| 15 Feb 2023 | £147,900 | £148,000 | 187 COLLIER ROW LANE |
| 27 Sep 2022 | £396,796 | £400,000 | 7 HILLFOOT AVENUE |
| 9 Sep 2022 | £456,315 | £460,000 | 241 COLLIER ROW LANE |
| 28 Jul 2022 | £475,536 | £474,256 | 220 COLLIER ROW LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near B174 |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near B174 |
| Jan 2024 | Public order | Under investigation | On or near Hillfoot Avenue |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Ashdown Walk |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Norman Close |