£227,560
This estimated value is based upon the latest sale price for the house of £152,000 on 24 Oct 2014. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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132 South Street, Romford, RM1 1TE
Phone: 01708573581
Price Paid | Date |
---|---|
£152,000 | 24 Oct 2014 |
£134,995 | 21 Apr 2006 |
£130,000 | 21 Dec 2004 |
Flats/Maisonettes |
Leasehold |
Floor Area: 35 sq meters or 376 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 October 2014 the House Price Index for GREATER LONDON was 99.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.711%.Applying this 49.711% change to the original purchase price of £152,000 results in an estimated price of approximately £227,560.
24 Oct 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
99.3 | 148.6 | 49.711 % | £152,000 | £75,560 | £227,560 |
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 | -36.689 % | £-55,767 | £96,232 |
3 Month Average | 75.284 % | £114,431 | £266,431 |
6 Month Average | 70.562 % | £107,254 | £259,254 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Sep 2023 | £27,856 | £27,500 | 144 SOUTH STREET |
14 Jul 2023 | £157,115 | £155,000 | FLAT 35 GIBSON COURT REGARTH AVENUE |
3 Mar 2023 | £267,520 | £265,000 | 136 SOUTH STREET |
3 Mar 2023 | £535,041 | £530,000 | 8 ATLANTA BOULEVARD |
3 Mar 2023 | £121,141 | £120,000 | FLAT 13 GIBSON COURT REGARTH AVENUE |
This house has a floor area of 35 sq meters or 376 sq feet when measured on 16 Nov 2019. Using an estimated price of £227,560 means this house is valued at £6,501 per sq meter (£604 per sq foot).
The average size of a house on SOUTH STREET is 67 sq meters (727 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Anti-social behaviour | On or near Supermarket | |
Jan 2024 | Anti-social behaviour | On or near Supermarket | |
Jan 2024 | Public order | Under investigation | On or near Supermarket |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Supermarket |
Jan 2024 | Anti-social behaviour | On or near Supermarket |