£418,979
This estimated value is based upon the latest sale price for the house of £340,000 on 18 Apr 2018. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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55 Laurel Crescent, Romford, RM7 0RU
Phone: 01708573981
| Price Paid | Date |
|---|---|
| £340,000 | 18 Apr 2018 |
| £207,000 | 4 Dec 2008 |
| Terraced |
| Freehold |
| Floor Area: 101 sq meters or 1,087 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 April 2018 the House Price Index for GREATER LONDON was 119.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 23.229%.Applying this 23.229% change to the original purchase price of £340,000 results in an estimated price of approximately £418,979.
| 18 Apr 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.0 | 146.7 | 23.229 % | £340,000 | £78,979 | £418,979 |
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 | 54.442 % | £185,102 | £525,102 |
| 3 Month Average | 34.732 % | £118,089 | £458,089 |
| 6 Month Average | 10.623 % | £36,117 | £376,117 |
This house has a floor area of 101 sq meters or 1,087 sq feet when measured on 23 Apr 2015.
The average size of a house on DAGENHAM ROAD is 82 sq meters (886 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Nov 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Dagenham Road |
| Dec 2023 | Drugs | Under investigation | On or near Philip Avenue |
| Nov 2023 | Drugs | Investigation complete; no suspect identified | On or near Philip Avenue |
| Jan 2024 | Public order | Under investigation | On or near Further/Higher Educational Building |
| Dec 2023 | Theft from the person | Investigation complete; no suspect identified | On or near Further/Higher Educational Building |