£506,584
This estimated value is based upon the latest sale price for the house of £417,000 on 6 Aug 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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1 Collier Row Road, Romford, RM5 3NP
Phone: 01708573005
| Price Paid | Date |
|---|---|
| £417,000 | 6 Aug 2019 |
| £327,000 | 10 Nov 2014 |
| £239,995 | 29 Jul 2005 |
| Terraced |
| Freehold |
| Floor Area: 114 sq meters or 1,227 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 August 2019 the House Price Index for GREATER LONDON was 120.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.483%.Applying this 21.483% change to the original purchase price of £417,000 results in an estimated price of approximately £506,584.
| 6 Aug 2019 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 146.7 | 21.483 % | £417,000 | £89,584 | £506,584 |
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 | 38.359 % | £159,957 | £576,957 |
| 3 Month Average | 16.485 % | £68,742 | £485,742 |
| 6 Month Average | 17.502 % | £72,983 | £489,983 |
This house has a floor area of 114 sq meters or 1,227 sq feet when measured on 25 Mar 2014.
The average size of a house on MAWNEY ROAD is 89 sq meters (959 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Birch Road |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Birch Road |
| Jan 2024 | Other theft | Under investigation | On or near Abbotts Close |
| Dec 2023 | Anti-social behaviour | On or near Abbotts Close | |
| Dec 2023 | Anti-social behaviour | On or near Abbotts Close |