£171,617
This estimated value is based upon the latest sale price for the house of £124,000 on 11 Dec 2015. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £124,000 | 11 Dec 2015 |
| Terraced |
| Freehold |
| Floor Area: 79 sq meters or 850 sq feet |
This model uses changes in the Official Land Registry House Price Index for WEST MIDLANDS to estimate the market value.
When this house was purchased in December 2015 the House Price Index for WEST MIDLANDS was 107.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 38.401%.Applying this 38.401% change to the original purchase price of £124,000 results in an estimated price of approximately £171,617.
| 11 Dec 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 107.4 | 148.6 | 38.401 % | £124,000 | £47,617 | £171,617 |
The Postcode Pricing Model uses changes in average sales price within the CV6 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 | 18.548 % | £22,999 | £146,999 |
| 3 Month Average | 38.428 % | £47,650 | £171,650 |
| 6 Month Average | 44.643 % | £55,357 | £179,357 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Dec 2023 | £162,849 | £160,000 | 128 ROTHERHAM ROAD |
| 8 Dec 2023 | £193,384 | £190,000 | 192 ROTHERHAM ROAD |
| 8 Dec 2023 | £190,839 | £187,500 | 7 ROMFORD ROAD |
| 5 Sep 2023 | £195,500 | £193,000 | 16 MORLAND ROAD |
| 1 Jul 2022 | £145,391 | £145,000 | 9 ROMFORD ROAD |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 17 Sep 2015. Using an estimated price of £171,618 means this house is valued at £2,172 per sq meter (£201 per sq foot).
The average size of a house on ROMFORD ROAD is 92 sq meters (998 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Romford Road |
| Mar 2024 | Anti-social behaviour | On or near Morland Road | |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Morland Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Morland Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Morland Road |