£322,901
This estimated value is based upon the latest sale price for the house of £173,500 on 29 Apr 2005. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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132 South Street, Romford, RM1 1TE
Phone: 01708573581
Price Paid | Date |
---|---|
£173,500 | 29 Apr 2005 |
£162,300 | 3 Apr 2004 |
Semi-Detached |
Freehold |
Floor Area: 69 sq meters or 742 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 2005 the House Price Index for GREATER LONDON was 79.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 86.110%.Applying this 86.110% change to the original purchase price of £173,500 results in an estimated price of approximately £322,901.
29 Apr 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
79.8 | 148.6 | 86.110 % | £173,500 | £149,401 | £322,901 |
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 | 202.847 % | £351,939 | £525,439 |
3 Month Average | 111.836 % | £194,035 | £367,535 |
6 Month Average | 103.670 % | £179,868 | £353,368 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Jul 2023 | £342,104 | £337,500 | 40 HONITON ROAD |
9 Aug 2022 | £374,991 | £376,000 | 44 COTLEIGH ROAD |
18 Jul 2022 | £315,850 | £315,000 | 37 COTLEIGH ROAD |
6 Jul 2022 | £200,540 | £200,000 | FLAT 8 VERITY HOUSE COTLEIGH ROAD |
1 Jul 2022 | £225,607 | £225,000 | FLAT 2 VERITY HOUSE COTLEIGH ROAD |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 28 Oct 2016. Using an estimated price of £322,901 means this house is valued at £4,679 per sq meter (£434 per sq foot).
The average size of a house on COTLEIGH ROAD is 70 sq meters (758 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Cotleigh Road |
Jan 2024 | Anti-social behaviour | On or near Cotleigh Road | |
Jan 2024 | Anti-social behaviour | On or near Cotleigh Road | |
Jan 2024 | Anti-social behaviour | On or near Cotleigh Road | |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Cotleigh Road |