£282,083
This estimated value is based upon the latest sale price for the house of £167,000 on 19 Oct 2006. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Queens Court, 9-17 Eastern Road, Romford, RM1 3NH
Phone: 02036414519
| Price Paid | Date |
|---|---|
| £167,000 | 19 Oct 2006 |
| £127,995 | 28 Mar 2002 |
| £60,000 | 28 Nov 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 54 sq meters or 584 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 October 2006 the House Price Index for GREATER LONDON was 88.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 68.912%.Applying this 68.912% change to the original purchase price of £167,000 results in an estimated price of approximately £282,083.
| 19 Oct 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.0 | 148.6 | 68.912 % | £167,000 | £115,083 | £282,083 |
The Postcode Pricing Model uses changes in average sales price within the RM1 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 | -32.313 % | £-53,962 | £113,037 |
| 3 Month Average | 85.802 % | £143,288 | £310,288 |
| 6 Month Average | 84.617 % | £141,310 | £308,310 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Jul 2023 | £261,520 | £258,000 | 70 MONKWOOD CLOSE |
| 29 Jun 2023 | £202,452 | £200,000 | FLAT 1 JULIA HOUSE, 224 VICTORIA ROAD |
| 27 Nov 2022 | £424,854 | £430,000 | 23 CARLISLE ROAD |
| 14 Apr 2022 | £226,556 | £220,000 | 2 MONKWOOD CLOSE |
| 20 Dec 2021 | £642,826 | £600,000 | 21 CARLTON ROAD |
This house has a floor area of 54 sq meters or 584 sq feet when measured on 29 Oct 2010. Using an estimated price of £282,084 means this house is valued at £5,191 per sq meter (£482 per sq foot).
The average size of a house on MONKWOOD CLOSE is 56 sq meters (607 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Robbery | Under investigation | On or near Monkwood Close |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Monkwood Close |
| Dec 2023 | Drugs | Local resolution | On or near Monkwood Close |
| Jan 2024 | Public order | Under investigation | On or near Harcourt Mews |
| Dec 2023 | Drugs | Offender given penalty notice | On or near Harcourt Mews |