£447,404
This estimated value is based upon the latest sale price for the house of £370,000 on 21 Jul 2020. 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 |
---|---|
£370,000 | 21 Jul 2020 |
£186,000 | 31 Jul 2003 |
£75,000 | 27 Feb 1998 |
Semi-Detached |
Freehold |
Floor Area: 80 sq meters or 861 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 2020 the House Price Index for GREATER LONDON was 122.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.920%.Applying this 20.920% change to the original purchase price of £370,000 results in an estimated price of approximately £447,404.
21 Jul 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
122.9 | 148.6 | 20.920 % | £370,000 | £77,404 | £447,404 |
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 | -23.723 % | £-87,776 | £282,223 |
3 Month Average | -12.418 % | £-45,945 | £324,054 |
6 Month Average | 5.835 % | £21,587 | £391,587 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Sep 2023 | £467,984 | £462,000 | 2B OAKS AVENUE |
25 Aug 2023 | £539,722 | £535,000 | 28 OAKS AVENUE |
28 Jun 2023 | £460,579 | £455,000 | 89 ROSEDALE ROAD |
8 Jun 2023 | £470,702 | £465,000 | 11 COLLIER ROW LANE |
13 Mar 2023 | £317,996 | £315,000 | 44A ROSEDALE ROAD |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 31 May 2019. Using an estimated price of £447,405 means this house is valued at £5,592 per sq meter (£519 per sq foot).
The average size of a house on COLLIER ROW LANE is 90 sq meters (970 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Rosedale Road |
Jan 2024 | Burglary | Under investigation | On or near Oaks Avenue |
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Oaks Avenue |
Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Oaks Avenue |
Dec 2023 | Criminal damage and arson | Under investigation | On or near Oaks Avenue |