£420,890
This estimated value is based upon the latest sale price for the house of £405,111 on 12 Jan 2022. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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1 Collier Row Road, Romford, RM5 3NP
Phone: 01708573005
| Price Paid | Date |
|---|---|
| £405,111 | 12 Jan 2022 |
| £260,000 | 5 May 2015 |
| Terraced |
| Freehold |
| Floor Area: 81 sq meters or 871 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 January 2022 the House Price Index for GREATER LONDON was 141.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 3.895%.Applying this 3.895% change to the original purchase price of £405,111 results in an estimated price of approximately £420,890.
| 12 Jan 2022 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 146.7 | 3.895 % | £405,111 | £15,779 | £420,890 |
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 | -26.283 % | £-106,474 | £298,636 |
| 3 Month Average | -13.200 % | £-53,476 | £351,634 |
| 6 Month Average | 6.924 % | £28,051 | £433,162 |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 23 Aug 2020.
The average size of a house on HILLFOOT AVENUE is 94 sq meters (1,015 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Public order | Under investigation | On or near Hillfoot Avenue |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near B174 |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near B174 |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Erith Crescent |
| Dec 2023 | Anti-social behaviour | On or near Erith Crescent |