£310,276
This estimated value is based upon the latest sale price for the house of £200,000 on 28 Nov 2007. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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54a Station Road, Romford, RM6 4BU
Phone: 02080222778
Price Paid | Date |
---|---|
£200,000 | 28 Nov 2007 |
£165,000 | 11 Jan 2005 |
Terraced |
Freehold |
Floor Area: 91 sq meters or 979 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 2007 the House Price Index for GREATER LONDON was 95.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 55.138%.Applying this 55.138% change to the original purchase price of £200,000 results in an estimated price of approximately £310,276.
28 Nov 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
95.8 | 148.6 | 55.138 % | £200,000 | £110,276 | £310,276 |
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 | 8.518 % | £17,036 | £217,036 |
3 Month Average | 71.158 % | £142,315 | £342,315 |
6 Month Average | 85.430 % | £170,859 | £370,859 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
16 Jun 2023 | £364,414 | £360,000 | 39 CLARIDGE ROAD |
21 Nov 2022 | £395,213 | £400,000 | 34 CLARIDGE ROAD |
26 Oct 2021 | £403,865 | £365,000 | 101 LYMINGTON ROAD |
29 Jun 2021 | £311,148 | £290,000 | 83 LYMINGTON ROAD |
20 Nov 2020 | £383,746 | £331,000 | 183 VALENCE AVENUE |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 16 Nov 2012. Using an estimated price of £310,277 means this house is valued at £3,409 per sq meter (£316 per sq foot).
The average size of a house on CLARIDGE ROAD is 87 sq meters (938 sq feet).
This house is the largest in the street with a floor area of 91 sq meters (979 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Claridge Road |
Dec 2023 | Anti-social behaviour | On or near Kemp Road |