£312,997
This estimated value is based upon the latest sale price for the house of £196,000 on 4 May 2007. 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 Barton Avenue
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55 Laurel Crescent, Romford, RM7 0RU
Phone: 01708573981
Price Paid | Date |
---|---|
£196,000 | 4 May 2007 |
Terraced |
Freehold |
Floor Area: 77 sq meters or 829 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 2007 the House Price Index for GREATER LONDON was 93.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 59.693%.Applying this 59.693% change to the original purchase price of £196,000 results in an estimated price of approximately £312,997.
4 May 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
93.1 | 148.6 | 59.693 % | £196,000 | £116,997 | £312,997 |
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 | 142.756 % | £279,801 | £475,801 |
3 Month Average | 84.629 % | £165,872 | £361,872 |
6 Month Average | 82.158 % | £161,030 | £357,030 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Nov 2023 | £385,710 | £380,000 | 12 BELLHOUSE ROAD |
28 Sep 2023 | £460,893 | £455,000 | 74 BARTON AVENUE |
30 Aug 2023 | £332,912 | £330,000 | 18 BARTON AVENUE |
25 Aug 2023 | £436,821 | £433,000 | 465 RUSH GREEN ROAD |
4 Aug 2023 | £302,648 | £300,000 | 487 RUSH GREEN ROAD |
This house has a floor area of 77 sq meters or 829 sq feet when measured on 18 Feb 2010. Using an estimated price of £312,998 means this house is valued at £4,060 per sq meter (£377 per sq foot).
The average size of a house on RUSH GREEN ROAD is 90 sq meters (977 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Barton Avenue |
Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Barton Avenue |
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Meadow Road |
Jan 2024 | Anti-social behaviour | On or near Parking Area | |
Jan 2024 | Anti-social behaviour | On or near Parking Area |