£434,370
This estimated value is based upon the latest sale price for the house of £295,000 on 5 Dec 2014. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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55 Laurel Crescent, Romford, RM7 0RU
Phone: 01708573981
| Price Paid | Date |
|---|---|
| £295,000 | 5 Dec 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 100 sq meters or 1,076 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 December 2014 the House Price Index for GREATER LONDON was 99.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 47.244%.Applying this 47.244% change to the original purchase price of £295,000 results in an estimated price of approximately £434,370.
| 5 Dec 2014 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.6 | 146.7 | 47.244 % | £295,000 | £139,370 | £434,370 |
The Postcode Pricing Model uses changes in average sales price within the RM10 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 | -22.388 % | £-66,044 | £228,955 |
| 3 Month Average | 49.846 % | £147,044 | £442,044 |
| 6 Month Average | 69.433 % | £204,828 | £499,828 |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 3 Oct 2014.
The average size of a house on ELY GARDENS is 156 sq meters (1,686 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Ely Gardens | |
| Jan 2024 | Anti-social behaviour | On or near Ely Gardens | |
| Jan 2024 | Anti-social behaviour | On or near Ely Gardens | |
| Dec 2023 | Other theft | Under investigation | On or near Fels Farm Avenue |