£728,569
This estimated value is based upon the latest sale price for the house of £250,000 on 31 May 2002. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Willow Street
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116 North Street, Romford, RM1 1DL
Phone: 01708573629
| Price Paid | Date |
|---|---|
| £250,000 | 31 May 2002 |
| Detached |
| Freehold |
| Floor Area: 196 sq meters or 2,109 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 May 2002 the House Price Index for GREATER LONDON was 51.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 191.428%.Applying this 191.428% change to the original purchase price of £250,000 results in an estimated price of approximately £728,569.
| 31 May 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 51.0 | 148.6 | 191.428 % | £250,000 | £478,569 | £728,569 |
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 | 278.566 % | £696,415 | £946,415 |
| 3 Month Average | 192.592 % | £481,478 | £731,478 |
| 6 Month Average | 199.595 % | £498,987 | £748,987 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £432,569 | £425,000 | 44 WILLOW STREET |
| 30 Mar 2023 | £464,375 | £460,000 | 42 DRUMMOND ROAD |
| 24 Feb 2023 | £349,765 | £350,000 | 53 DRUMMOND ROAD |
| 9 Feb 2023 | £349,765 | £350,000 | 34 WILLOW STREET |
| 12 Sep 2022 | £297,597 | £300,000 | 49A WILLOW STREET |
This house has a floor area of 196 sq meters or 2,109 sq feet when measured on 29 Jan 2018. Using an estimated price of £728,569 means this house is valued at £3,717 per sq meter (£345 per sq foot).
The average size of a house on WILLOW STREET is 93 sq meters (1,009 sq feet).
This house is the largest in the street with a floor area of 196 sq meters (2,109 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Willow Street |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Drummond Road |
| Jan 2024 | Other theft | Under investigation | On or near Drummond Avenue |