£156,936
This estimated value is based upon the latest sale price for the house of £40,000 on 11 Feb 2000. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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734 Romford Road, Manor Park, London, E12 6BT
Phone: 02081664058
| Price Paid | Date |
|---|---|
| £40,000 | 11 Feb 2000 |
| Terraced |
| Freehold |
| Floor Area: 171 sq meters or 1,840 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 February 2000 the House Price Index for GREATER LONDON was 37.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 292.341%.Applying this 292.341% change to the original purchase price of £40,000 results in an estimated price of approximately £156,936.
| 11 Feb 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 37.9 | 148.6 | 292.341 % | £40,000 | £116,936 | £156,936 |
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 | 316.698 % | £126,679 | £166,679 |
| 3 Month Average | 553.024 % | £221,209 | £261,209 |
| 6 Month Average | 469.260 % | £187,704 | £227,704 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Aug 2023 | £580,075 | £575,000 | 38 THIRD AVENUE |
| 7 Jan 2022 | £510,418 | £485,000 | 49 SECOND AVENUE |
| 30 Jun 2021 | £375,523 | £350,000 | SECOND FLOOR FLAT 15 FORTIS GREEN AVENUE |
| 5 Oct 2020 | £11,731 | £10,000 | 809 ROMFORD ROAD |
| 10 Jun 2020 | £435,965 | £360,000 | THIRD FLOOR FLAT REAR 56 DRAYCOTT PLACE |
This house has a floor area of 171 sq meters or 1,840 sq feet when measured on 26 Oct 2016. Using an estimated price of £156,936 means this house is valued at £917 per sq meter (£85 per sq foot).
The average size of a house on SECOND AVENUE is 118 sq meters (1,279 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Second Avenue |
| Jan 2024 | Other theft | Under investigation | On or near Second Avenue |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Second Avenue |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Second Avenue |