£280,141
This estimated value is based upon the latest sale price for the house of £165,000 on 12 Oct 2012. 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 |
---|---|
£165,000 | 12 Oct 2012 |
Flats/Maisonettes |
Leasehold |
Floor Area: 89 sq meters or 957 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 October 2012 the House Price Index for GREATER LONDON was 87.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.783%.Applying this 69.783% change to the original purchase price of £165,000 results in an estimated price of approximately £280,141.
12 Oct 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.5 | 148.6 | 69.783 % | £165,000 | £115,141 | £280,141 |
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 | -15.171 % | £-25,032 | £139,967 |
3 Month Average | 71.571 % | £118,092 | £283,092 |
6 Month Average | 91.754 % | £151,394 | £316,394 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Dec 2023 | £402,034 | £395,000 | 4 ALVERSTONE ROAD |
11 Sep 2023 | £303,885 | £300,000 | 230 WALTON ROAD |
20 Feb 2023 | £294,802 | £295,000 | FLAT 20 HYLE HOUSE, 119 WALTON ROAD |
9 Sep 2022 | £401,756 | £405,000 | 193 WALTON ROAD |
16 Mar 2022 | £409,324 | £395,000 | 246 WALTON ROAD |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 5 May 2012. Using an estimated price of £280,142 means this house is valued at £3,147 per sq meter (£292 per sq foot).
The average size of a house on JACK CORNWELL STREET is 89 sq meters (959 sq feet).