£204,129
This estimated value is based upon the latest sale price for the house of £119,995 on 22 Oct 2010. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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5 Old Mill Parade, Victoria Road, Romford, RM1 2HU
Phone: 01708573434
| Price Paid | Date |
|---|---|
| £119,995 | 22 Oct 2010 |
| £30,000 | 15 Sep 1995 |
| Flats/Maisonettes |
| Leasehold |
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 2010 the House Price Index for GREATER LONDON was 87.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.115%.Applying this 70.115% change to the original purchase price of £119,995 results in an estimated price of approximately £204,129.
| 22 Oct 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.4 | 148.6 | 70.115 % | £119,995 | £84,134 | £204,129 |
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 | -30.597 % | £-36,714 | £83,280 |
| 3 Month Average | 89.647 % | £107,571 | £227,566 |
| 6 Month Average | 83.908 % | £100,685 | £220,680 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £1,015,027 | £1,000,000 | 101 BRENTWOOD ROAD |
| 25 Aug 2023 | £409,583 | £406,000 | 77 DOUGLAS ROAD |
| 30 Jun 2023 | £313,801 | £310,000 | 93 BRENTWOOD ROAD |
| 8 Jun 2023 | £3,037 | £3,000 | 66 - 68 BRENTWOOD ROAD |
| 30 Aug 2022 | £473,725 | £475,000 | 7 DOUGLAS ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Public order | Under investigation | On or near George Street |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Moss Lane |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Kyme Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Douglas Road |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Douglas Road |