£434,452
This estimated value is based upon the latest sale price for the house of £272,000 on 28 Jan 2014. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Head Office, Romford, RM7 0RR
Phone: 02045173976
Price Paid | Date |
---|---|
£272,000 | 28 Jan 2014 |
Terraced |
Freehold |
Floor Area: 108 sq meters or 1,162 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 2014 the House Price Index for GREATER LONDON was 93.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 59.725%.Applying this 59.725% change to the original purchase price of £272,000 results in an estimated price of approximately £434,452.
28 Jan 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
93.0 | 148.6 | 59.725 % | £272,000 | £162,452 | £434,452 |
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 | 129.964 % | £353,500 | £625,500 |
3 Month Average | 81.413 % | £221,442 | £493,442 |
6 Month Average | 84.232 % | £229,111 | £501,111 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Aug 2023 | £713,240 | £707,000 | 34 HORNFORD WAY |
28 Apr 2023 | £505,442 | £500,000 | 117 GORSEWAY |
9 Mar 2023 | £479,518 | £475,000 | 7 ROM CRESCENT |
3 Mar 2023 | £531,003 | £526,000 | 12 HORNFORD WAY |
22 Feb 2023 | £264,822 | £265,000 | 12 RUSH GREEN ROAD |
This house has a floor area of 108 sq meters or 1,162 sq feet when measured on 19 Jul 2013. Using an estimated price of £434,453 means this house is valued at £4,022 per sq meter (£373 per sq foot).
The average size of a house on RUSH GREEN ROAD is 90 sq meters (977 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Anti-social behaviour | On or near Hornford Way | |
Jan 2024 | Anti-social behaviour | On or near Hornford Way | |
Jan 2024 | Criminal damage and arson | Under investigation | On or near Hornford Way |
Jan 2024 | Anti-social behaviour | On or near Hornford Way | |
Dec 2023 | Vehicle crime | Under investigation | On or near Hornford Way |