£284,381
This estimated value is based upon the latest sale price for the house of £165,000 on 29 Nov 2011. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
Get our free house price tracker.
54a Station Road, Romford, RM6 4BU
Phone: 02080222778
| Price Paid | Date |
|---|---|
| £165,000 | 29 Nov 2011 |
| Terraced |
| Freehold |
| Floor Area: 58 sq meters or 633 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 November 2011 the House Price Index for GREATER LONDON was 86.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.352%.Applying this 72.352% change to the original purchase price of £165,000 results in an estimated price of approximately £284,381.
| 29 Nov 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.2 | 148.6 | 72.352 % | £165,000 | £119,381 | £284,381 |
The Postcode Pricing Model uses changes in average sales price within the RM8 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 | 29.965 % | £49,441 | £214,441 |
| 3 Month Average | 93.964 % | £155,040 | £320,040 |
| 6 Month Average | 103.065 % | £170,057 | £335,057 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jul 2023 | £254,899 | £251,468 | 103 LYMINGTON ROAD |
| 22 Jun 2023 | £377,574 | £373,000 | 127 VALENCE AVENUE |
| 24 Mar 2023 | £323,043 | £320,000 | 16 CORNSHAW ROAD |
| 17 Feb 2023 | £414,721 | £415,000 | 94 LYMINGTON ROAD |
| 6 Feb 2023 | £324,781 | £325,000 | 113 VALENCE AVENUE |
This house has a floor area of 58 sq meters or 633 sq feet when measured on 16 May 2011. Using an estimated price of £284,381 means this house is valued at £4,831 per sq meter (£448 per sq foot).
The average size of a house on CORNSHAW ROAD is 76 sq meters (821 sq feet).
This house is the smallest in the street with a floor area of 58 sq meters (633 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Cornshaw Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Kemp Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Kemp Road |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Kemp Road |
| Dec 2023 | Anti-social behaviour | On or near Kemp Road |