£397,564
This estimated value is based upon the latest sale price for the house of £262,000 on 30 Jun 2014. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Epping Close
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1 Collier Row Road, Romford, RM5 3NP
Phone: 01708573005
| Price Paid | Date |
|---|---|
| £262,000 | 30 Jun 2014 |
| 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 June 2014 the House Price Index for GREATER LONDON was 96.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 51.742%.Applying this 51.742% change to the original purchase price of £262,000 results in an estimated price of approximately £397,564.
| 30 Jun 2014 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.7 | 146.7 | 51.742 % | £262,000 | £135,564 | £397,564 |
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 | 119.700 % | £313,612 | £575,612 |
| 3 Month Average | 70.205 % | £183,938 | £445,938 |
| 6 Month Average | 73.389 % | £192,278 | £454,278 |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 30 Apr 2014.
The average size of a house on ESSEX ROAD is 84 sq meters (913 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Burglary | Under investigation | On or near Epping Close |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Epping Close |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Essex Close |
| Jan 2024 | Anti-social behaviour | On or near Winston Close | |
| Jan 2024 | Anti-social behaviour | On or near Winston Close |