£277,312
This estimated value is based upon the latest sale price for the house of £190,000 on 15 May 2015. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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826 Romford Road, London, E12 5JG
Phone: 02077681807
| Price Paid | Date |
|---|---|
| £190,000 | 15 May 2015 |
| £45,000 | 17 Jul 1998 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 94 sq meters or 1,011 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 May 2015 the House Price Index for GREATER LONDON was 101.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.954%.Applying this 45.954% change to the original purchase price of £190,000 results in an estimated price of approximately £277,312.
| 15 May 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.8 | 148.6 | 45.954 % | £190,000 | £87,312 | £277,312 |
The Postcode Pricing Model uses changes in average sales price within the E12 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 | -23.165 % | £-44,013 | £145,986 |
| 3 Month Average | 44.744 % | £85,014 | £275,014 |
| 6 Month Average | 57.809 % | £109,837 | £299,837 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Mar 2023 | £287,711 | £285,000 | 78 WARRIOR SQUARE |
| 2 Feb 2023 | £354,761 | £355,000 | 11 WALTON ROAD |
| 7 Nov 2022 | £242,068 | £245,000 | FLAT 46 CHARLBURY HOUSE GRANTHAM ROAD |
| 20 Jun 2022 | £276,406 | £272,500 | 1009A ROMFORD ROAD |
| 18 Mar 2022 | £233,159 | £225,000 | FLAT 14 OLDHAM HOUSE, 3A GRANTHAM ROAD |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 15 Aug 2019. Using an estimated price of £277,313 means this house is valued at £2,950 per sq meter (£274 per sq foot).
The average size of a house on WARRIOR SQUARE is 76 sq meters (823 sq feet).