£253,218
This estimated value is based upon the latest sale price for the house of £207,500 on 24 May 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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55 Laurel Crescent, Romford, RM7 0RU
Phone: 01708573981
| Price Paid | Date |
|---|---|
| £207,500 | 24 May 2019 |
| £85,000 | 12 Nov 2013 |
| £85,000 | 10 Oct 2006 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 51 sq meters or 548 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 2019 the House Price Index for GREATER LONDON was 120.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 22.033%.Applying this 22.033% change to the original purchase price of £207,500 results in an estimated price of approximately £253,218.
| 24 May 2019 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 146.7 | 22.033 % | £207,500 | £45,718 | £253,218 |
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 | 23.826 % | £49,438 | £256,938 |
| 3 Month Average | 41.148 % | £85,382 | £292,882 |
| 6 Month Average | 8.814 % | £18,288 | £225,788 |
This house has a floor area of 51 sq meters or 548 sq feet when measured on 26 Jan 2015.
The average size of a house on OLDCHURCH GARDENS is 59 sq meters (635 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Under investigation | On or near Sports/Recreation Area |
| Dec 2023 | Public order | Investigation complete; no suspect identified | On or near Sports/Recreation Area |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Sports/Recreation Area |
| Dec 2023 | Public order | Investigation complete; no suspect identified | On or near Sports/Recreation Area |
| Dec 2023 | Anti-social behaviour | On or near Sports/Recreation Area |