£210,416
This estimated value is based upon the latest sale price for the house of £134,995 on 30 Jan 2008. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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116 North Street, Romford, RM1 1DL
Phone: 01708573629
| Price Paid | Date |
|---|---|
| £134,995 | 30 Jan 2008 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 46 sq meters or 495 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 2008 the House Price Index for GREATER LONDON was 95.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 55.870%.Applying this 55.870% change to the original purchase price of £134,995 results in an estimated price of approximately £210,416.
| 30 Jan 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.3 | 148.6 | 55.870 % | £134,995 | £75,421 | £210,416 |
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 | 131.859 % | £178,002 | £312,997 |
| 3 Month Average | 76.555 % | £103,345 | £238,340 |
| 6 Month Average | 71.104 % | £95,986 | £230,981 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Jul 2023 | £223,001 | £220,000 | 34 WINSTON CLOSE |
| 28 Jun 2023 | £239,906 | £237,000 | 4 WINSTON CLOSE |
| 21 Apr 2023 | £384,136 | £380,000 | 26 CROWNMEAD WAY |
| 9 Feb 2023 | £224,849 | £225,000 | 10 WINSTON CLOSE |
| 21 Nov 2022 | £676,802 | £685,000 | 50 MARLBOROUGH ROAD |
This house has a floor area of 46 sq meters or 495 sq feet when measured on 14 Jun 2013. Using an estimated price of £210,416 means this house is valued at £4,574 per sq meter (£424 per sq foot).
The average size of a house on CROWNMEAD WAY is 80 sq meters (871 sq feet).
This house is the smallest in the street with a floor area of 46 sq meters (495 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Crownmead Way |
| Jan 2024 | Anti-social behaviour | On or near Winston Close | |
| Jan 2024 | Anti-social behaviour | On or near Winston Close | |
| Jan 2024 | Anti-social behaviour | On or near Winston Close | |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Winston Close |