£175,829
This estimated value is based upon the latest sale price for the house of £150,000 on 18 Sep 2020. 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 |
|---|---|
| £150,000 | 18 Sep 2020 |
| £124,500 | 14 Dec 2006 |
| £99,000 | 6 Dec 2002 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 38 sq meters or 409 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 September 2020 the House Price Index for GREATER LONDON was 125.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 17.220%.Applying this 17.220% change to the original purchase price of £150,000 results in an estimated price of approximately £175,829.
| 18 Sep 2020 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 146.7 | 17.220 % | £150,000 | £25,829 | £175,829 |
The Postcode Pricing Model uses changes in average sales price within the RM6 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 | -0.568 % | £-851 | £149,148 |
| 3 Month Average | -6.660 % | £-9,989 | £140,010 |
| 6 Month Average | -11.473 % | £-17,209 | £132,790 |
This house has a floor area of 38 sq meters or 409 sq feet when measured on 24 Apr 2019.
The average size of a house on OVERTON DRIVE is 63 sq meters (685 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cedar Park Gardens |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Cedar Park Gardens |