£444,531
This estimated value is based upon the latest sale price for the house of £262,500 on 14 Jan 2011. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
Get our free house price tracker.
55 Laurel Crescent, Romford, RM7 0RU
Phone: 01708573981
| Price Paid | Date |
|---|---|
| £262,500 | 14 Jan 2011 |
| £250,000 | 7 Dec 2005 |
| £70,000 | 9 Feb 1996 |
| Semi-Detached |
| Freehold |
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 2011 the House Price Index for GREATER LONDON was 86.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 69.345%.Applying this 69.345% change to the original purchase price of £262,500 results in an estimated price of approximately £444,531.
| 14 Jan 2011 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 146.7 | 69.345 % | £262,500 | £182,031 | £444,531 |
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 | 143.918 % | £377,785 | £640,285 |
| 3 Month Average | 90.304 % | £237,048 | £499,548 |
| 6 Month Average | 81.892 % | £214,967 | £477,467 |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Parking Area |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Parking Area |
| Jan 2024 | Vehicle crime | Under investigation | On or near Supermarket |
| Jan 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Supermarket |
| Dec 2023 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |