£381,724
This estimated value is based upon the latest sale price for the house of £310,000 on 29 May 2018. 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 |
|---|---|
| £310,000 | 29 May 2018 |
| £170,000 | 31 Jan 2012 |
| £249,995 | 18 May 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 76 sq meters or 821 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 2018 the House Price Index for GREATER LONDON was 119.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 23.137%.Applying this 23.137% change to the original purchase price of £310,000 results in an estimated price of approximately £381,724.
| 29 May 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.1 | 146.7 | 23.137 % | £310,000 | £71,724 | £381,724 |
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 | -50.976 % | £-158,026 | £151,973 |
| 3 Month Average | 19.071 % | £59,121 | £369,121 |
| 6 Month Average | 10.893 % | £33,767 | £343,767 |
This house has a floor area of 76 sq meters or 821 sq feet when measured on 23 Sep 2011.
The average size of a house on MERCURY GARDENS is 53 sq meters (579 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Supermarket | |
| Jan 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |
| Jan 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Supermarket |
| Jan 2024 | Anti-social behaviour | On or near Supermarket | |
| Jan 2024 | Anti-social behaviour | On or near Supermarket |