£493,545
This estimated value is based upon the latest sale price for the house of £460,000 on 24 Jun 2021. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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116 North Street, Romford, RM1 1DL
Phone: 01708573629
| Price Paid | Date |
|---|---|
| £460,000 | 24 Jun 2021 |
| £200,000 | 9 Jun 2003 |
| £69,000 | 5 Jul 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 85 sq meters or 914 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 June 2021 the House Price Index for GREATER LONDON was 138.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.292%.Applying this 7.292% change to the original purchase price of £460,000 results in an estimated price of approximately £493,545.
| 24 Jun 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 148.6 | 7.292 % | £460,000 | £33,545 | £493,545 |
The Postcode Pricing Model uses changes in average sales price within the RM7 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 | 30.243 % | £139,115 | £599,115 |
| 3 Month Average | -2.580 % | £-11,868 | £448,131 |
| 6 Month Average | -4.758 % | £-21,888 | £438,111 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Feb 2023 | £235,841 | £236,000 | 27 ROMSIDE PLACE |
| 17 Jun 2022 | £278,942 | £275,000 | 8 ROMSIDE PLACE |
| 9 May 2022 | £540,688 | £530,500 | 11 COMO STREET |
| 29 Apr 2022 | £344,983 | £335,000 | 26 BROOKLANDS ROAD |
| 14 Apr 2022 | £283,710 | £275,500 | 24 ROMSIDE PLACE |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 20 Aug 2013. Using an estimated price of £493,545 means this house is valued at £5,806 per sq meter (£539 per sq foot).
The average size of a house on MARSHALLS ROAD is 90 sq meters (969 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Anti-social behaviour | On or near Romside Place | |
| Dec 2023 | Anti-social behaviour | On or near Romside Place | |
| Dec 2023 | Anti-social behaviour | On or near Romside Place | |
| Dec 2023 | Anti-social behaviour | On or near Romside Place | |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Como Street |