£301,579
This estimated value is based upon the latest sale price for the house of £162,000 on 30 Mar 2005. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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54a Station Road, Romford, RM6 4BU
Phone: 02080222778
Price Paid | Date |
---|---|
£162,000 | 30 Mar 2005 |
£80,000 | 18 Dec 2000 |
£56,500 | 23 Feb 1998 |
Terraced |
Freehold |
Floor Area: 79 sq meters or 850 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 March 2005 the House Price Index for GREATER LONDON was 79.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 86.160%.Applying this 86.160% change to the original purchase price of £162,000 results in an estimated price of approximately £301,579.
30 Mar 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
79.8 | 148.6 | 86.160 % | £162,000 | £139,579 | £301,579 |
The Postcode Pricing Model uses changes in average sales price within the RM8 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 | 23.776 % | £38,516 | £200,516 |
3 Month Average | 100.778 % | £163,259 | £325,259 |
6 Month Average | 113.867 % | £184,464 | £346,464 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Dec 2023 | £344,019 | £338,000 | 136 VALENCE AVENUE |
29 Sep 2023 | £425,440 | £420,000 | 133 BARON ROAD |
1 Mar 2022 | £445,593 | £430,000 | 26 BARON ROAD |
9 Feb 2022 | £377,530 | £360,000 | 11 CHITTYS LANE |
19 Jan 2022 | £368,343 | £350,000 | 82 BARON ROAD |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 25 Aug 2021. Using an estimated price of £301,580 means this house is valued at £3,817 per sq meter (£354 per sq foot).
The average size of a house on BARON ROAD is 78 sq meters (844 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Peters Close |
Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Peters Close |
Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Peters Close |
Jan 2024 | Anti-social behaviour | On or near Garner Close | |
Jan 2024 | Anti-social behaviour | On or near Garner Close |