£325,458
This estimated value is based upon the latest sale price for the house of £58,000 on 31 May 1996. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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1 Collier Row Road, Romford, RM5 3NP
Phone: 01708573005
Price Paid | Date |
---|---|
£58,000 | 31 May 1996 |
Terraced |
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 May 1996 the House Price Index for GREATER LONDON was 26.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 461.136%.Applying this 461.136% change to the original purchase price of £58,000 results in an estimated price of approximately £325,458.
31 May 1996 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
26.5 | 148.6 | 461.136 % | £58,000 | £267,458 | £325,458 |
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 | 614.012 % | £356,127 | £414,127 |
3 Month Average | 438.050 % | £254,068 | £312,068 |
6 Month Average | 436.714 % | £253,293 | £311,293 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Nov 2023 | £474,525 | £467,500 | 9 RAIDER CLOSE |
18 Sep 2023 | £187,396 | £185,000 | APARTMENT 30 TYTHE COURT, 141 WHITE HART LANE |
31 Mar 2023 | £196,855 | £195,000 | APARTMENT 38 TYTHE COURT, 141 WHITE HART LANE |
17 Feb 2023 | £499,664 | £500,000 | 119 WHITE HART LANE |
10 Feb 2023 | £441,703 | £442,000 | 10 RAIDER CLOSE |
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Raider Close |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Howe Close |
Jan 2024 | Anti-social behaviour | On or near Howe Close | |
Jan 2024 | Anti-social behaviour | On or near Howe Close | |
Jan 2024 | Anti-social behaviour | On or near Howe Close |