£216,900
This estimated value is based upon the latest sale price for the house of £165,000 on 27 Jul 2016. 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 |
|---|---|
| £165,000 | 27 Jul 2016 |
| £227,500 | 12 Nov 2007 |
| £60,000 | 29 Nov 1995 |
| Terraced |
| Freehold |
| Floor Area: 75 sq meters or 811 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 July 2016 the House Price Index for GREATER LONDON was 111.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 31.455%.Applying this 31.455% change to the original purchase price of £165,000 results in an estimated price of approximately £216,900.
| 27 Jul 2016 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 146.7 | 31.455 % | £165,000 | £51,900 | £216,900 |
The Postcode Pricing Model uses changes in average sales price within the RM7 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 | 44.377 % | £73,222 | £238,222 |
| 3 Month Average | 17.205 % | £28,388 | £193,388 |
| 6 Month Average | 23.840 % | £39,335 | £204,335 |
This house has a floor area of 75 sq meters or 811 sq feet when measured on 30 Oct 2010.
The average size of a house on ORCHARD ROAD is 94 sq meters (1,020 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Peartree Gardens |
| Jan 2024 | Burglary | Under investigation | On or near Medway Close |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Medway Close |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Medway Close |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Elm Close |