£283,479
This estimated value is based upon the latest sale price for the house of £170,000 on 19 Oct 2006. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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116 North Street, Romford, RM1 1DL
Phone: 01708573629
| Price Paid | Date |
|---|---|
| £170,000 | 19 Oct 2006 |
| Terraced |
| Freehold |
| Floor Area: 82 sq meters or 882 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 2006 the House Price Index for GREATER LONDON was 88.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 66.753%.Applying this 66.753% change to the original purchase price of £170,000 results in an estimated price of approximately £283,479.
| 19 Oct 2006 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.0 | 146.7 | 66.753 % | £170,000 | £113,479 | £283,479 |
The Postcode Pricing Model uses changes in average sales price within the RM5 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 | 34.549 % | £58,733 | £228,733 |
| 3 Month Average | 71.620 % | £121,754 | £291,754 |
| 6 Month Average | 99.244 % | £168,715 | £338,715 |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 10 Oct 2019.
The average size of a house on HAINAULT ROAD is 92 sq meters (1,000 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hainault Road |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hainault Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Rosedale Road |
| Jan 2024 | Burglary | Under investigation | On or near Rosedale Road |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Rosedale Road |