£170,647
This estimated value is based upon the latest sale price for the house of £99,500 on 20 Feb 2012. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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826 Romford Road, London, E12 5JG
Phone: 02077681807
| Price Paid | Date |
|---|---|
| £99,500 | 20 Feb 2012 |
| £155,000 | 17 Dec 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 30 sq meters or 330 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 February 2012 the House Price Index for GREATER LONDON was 86.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.505%.Applying this 71.505% change to the original purchase price of £99,500 results in an estimated price of approximately £170,647.
| 20 Feb 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 148.6 | 71.505 % | £99,500 | £71,147 | £170,647 |
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 | 86.184 % | £85,752 | £185,252 |
| 3 Month Average | 182.057 % | £181,146 | £280,646 |
| 6 Month Average | 133.993 % | £133,323 | £232,823 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £303,885 | £300,000 | 905 ROMFORD ROAD |
| 2 Aug 2023 | £514,501 | £510,000 | 788 ROMFORD ROAD |
| 26 Jun 2023 | £242,943 | £240,000 | 41 COLCHESTER AVENUE |
| 19 Aug 2022 | £378,980 | £380,000 | 2 WORCESTER ROAD |
| 17 Mar 2022 | £388,598 | £375,000 | 33 GLOUCESTER ROAD |
This house has a floor area of 30 sq meters or 330 sq feet when measured on 14 Sep 2011. Using an estimated price of £170,647 means this house is valued at £5,565 per sq meter (£517 per sq foot).
The average size of a house on GLOUCESTER ROAD is 71 sq meters (771 sq feet).
This house is the smallest in the street with a floor area of 30 sq meters (330 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Public order | Under investigation | On or near Petrol Station |
| Jan 2024 | Public order | Under investigation | On or near Colchester Avenue |
| Jan 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Colchester Avenue |
| Jan 2024 | Other theft | Under investigation | On or near Colchester Avenue |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Colchester Avenue |