£410,543
This estimated value is based upon the latest sale price for the house of £249,995 on 23 Jan 2007. 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 |
|---|---|
| £249,995 | 23 Jan 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 65 sq meters or 699 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 2007 the House Price Index for GREATER LONDON was 90.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 64.221%.Applying this 64.221% change to the original purchase price of £249,995 results in an estimated price of approximately £410,543.
| 23 Jan 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.5 | 148.6 | 64.221 % | £249,995 | £160,548 | £410,543 |
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 | -37.220 % | £-93,048 | £156,946 |
| 3 Month Average | 94.891 % | £237,222 | £487,217 |
| 6 Month Average | 88.422 % | £221,050 | £471,045 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Jun 2023 | £253,065 | £250,000 | 16 MAXIM TOWER MERCURY GARDENS |
| 18 Jun 2021 | £246,773 | £230,000 | 74 EXON APARTMENTS MERCURY GARDENS |
| 21 May 2021 | £242,958 | £215,000 | 151 INDEX APARTMENTS MERCURY GARDENS |
| 1 Nov 2019 | £256,327 | £209,000 | 156 INDEX APARTMENTS MERCURY GARDENS |
| 14 Aug 2019 | £319,947 | £260,000 | 27 MAXIM TOWER MERCURY GARDENS |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 23 Nov 2019. Using an estimated price of £410,543 means this house is valued at £6,316 per sq meter (£586 per sq foot).
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 |