£370,995
This estimated value is based upon the latest sale price for the house of £149,995 on 31 Jan 2003. 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 |
---|---|
£149,995 | 31 Jan 2003 |
£52,000 | 30 Jan 1998 |
Terraced |
Freehold |
Floor Area: 57 sq meters or 616 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 January 2003 the House Price Index for GREATER LONDON was 60.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 147.338%.Applying this 147.338% change to the original purchase price of £149,995 results in an estimated price of approximately £370,995.
31 Jan 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
60.1 | 148.6 | 147.338 % | £149,995 | £221,000 | £370,995 |
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 | 126.127 % | £189,184 | £339,179 |
3 Month Average | 120.541 % | £180,805 | £330,800 |
6 Month Average | 157.650 % | £236,466 | £386,461 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Apr 2023 | £363,918 | £360,000 | 16 WOLSELEY ROAD |
24 Mar 2023 | £270,549 | £268,000 | 47A WOLSELEY ROAD |
8 Mar 2023 | £434,090 | £430,000 | 44 WOLSELEY ROAD |
5 Jan 2023 | £355,326 | £357,000 | 16 BIRKBECK ROAD |
22 Apr 2022 | £391,324 | £380,000 | 39 WOLSELEY ROAD |
This house has a floor area of 57 sq meters or 616 sq feet when measured on 22 Jun 2010. Using an estimated price of £370,995 means this house is valued at £6,477 per sq meter (£601 per sq foot).
The average size of a house on GROSVENOR ROAD is 79 sq meters (860 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Grosvenor Road |
Mar 2024 | Anti-social behaviour | On or near Grosvenor Road | |
Feb 2024 | Criminal damage and arson | Under investigation | On or near Grosvenor Road |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Grosvenor Road |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Grosvenor Road |