£274,994
This estimated value is based upon the latest sale price for the house of £220,000 on 24 Jan 2018. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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619 Romford Road, London, E12 5AD
Phone: 02036413360
Price Paid | Date |
---|---|
£220,000 | 24 Jan 2018 |
£85,000 | 17 Apr 2000 |
Terraced |
Freehold |
Floor Area: 103 sq meters or 1,108 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 2018 the House Price Index for GREATER LONDON was 118.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 24.997%.Applying this 24.997% change to the original purchase price of £220,000 results in an estimated price of approximately £274,994.
24 Jan 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.4 | 148.0 | 24.997 % | £220,000 | £54,994 | £274,994 |
The Postcode Pricing Model uses changes in average sales price within the E12 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 | -38.516 % | £-84,735 | £135,264 |
3 Month Average | 1.203 % | £2,645 | £222,645 |
6 Month Average | 13.068 % | £28,750 | £248,750 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Nov 2023 | £644,008 | £635,740 | 62 DURHAM ROAD |
5 Jul 2023 | £519,918 | £515,000 | 100 DURHAM ROAD |
1 Jun 2023 | £78,638 | £78,000 | 50A DURHAM ROAD |
1 Mar 2023 | £502,717 | £500,000 | 76 DURHAM ROAD |
21 Feb 2023 | £574,284 | £577,000 | 80 DURHAM ROAD |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 16 Jan 2018. Using an estimated price of £274,994 means this house is valued at £2,669 per sq meter (£248 per sq foot).
The average size of a house on DURHAM ROAD is 99 sq meters (1,072 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Vehicle crime | Under investigation | On or near Durham Road |
Feb 2024 | Robbery | Under investigation | On or near Durham Road |
Feb 2024 | Vehicle crime | Under investigation | On or near Durham Road |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Durham Road |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Durham Road |