£405,982
This estimated value is based upon the latest sale price for the house of £72,500 on 19 Jan 1996. 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 |
|---|---|
| £72,500 | 19 Jan 1996 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 51 sq meters or 548 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 1996 the House Price Index for GREATER LONDON was 26.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 459.975%.Applying this 459.975% change to the original purchase price of £72,500 results in an estimated price of approximately £405,982.
| 19 Jan 1996 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.2 | 146.7 | 459.975 % | £72,500 | £333,482 | £405,982 |
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 | 39.773 % | £28,835 | £101,335 |
| 3 Month Average | 389.793 % | £282,600 | £355,100 |
| 6 Month Average | 382.421 % | £277,255 | £349,755 |
This house has a floor area of 51 sq meters or 548 sq feet when measured on 5 Oct 2017.
The average size of a house on JUNCTION ROAD is 72 sq meters (777 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Drugs | Local resolution | On or near Petrol Station |
| Jan 2024 | Drugs | Under investigation | On or near Petrol Station |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Petrol Station |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Petrol Station |
| Jan 2024 | Public order | Under investigation | On or near Petrol Station |