£389,655
This estimated value is based upon the latest sale price for the house of £207,000 on 19 Nov 2004. 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 |
|---|---|
| £207,000 | 19 Nov 2004 |
| £189,950 | 20 Dec 2002 |
| 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 November 2004 the House Price Index for GREATER LONDON was 78.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 88.239%.Applying this 88.239% change to the original purchase price of £207,000 results in an estimated price of approximately £389,655.
| 19 Nov 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 78.9 | 148.6 | 88.239 % | £207,000 | £182,655 | £389,655 |
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 | -40.082 % | £-82,970 | £124,029 |
| 3 Month Average | 77.484 % | £160,392 | £367,392 |
| 6 Month Average | 88.015 % | £182,190 | £389,190 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Jun 2023 | £1,265,327 | £1,250,000 | 44 VICTORIA ROAD |
| 1 Sep 2022 | £287,677 | £290,000 | 9 MERCURY COURT VICTORIA ROAD |
| 25 Apr 2022 | £205,960 | £200,000 | 12B KING EDWARD ROAD |
| 2 Feb 2022 | £225,469 | £215,000 | 3 TUDOR MEWS |
| 14 Jan 2022 | £336,771 | £320,000 | FLAT 5 MONARCH'S COURT, 8 HEARN ROAD |