£245,878
This estimated value is based upon the latest sale price for the house of £128,750 on 23 Sep 2004. 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 |
---|---|
£128,750 | 23 Sep 2004 |
Terraced |
Freehold |
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 September 2004 the House Price Index for GREATER LONDON was 77.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 90.974%.Applying this 90.974% change to the original purchase price of £128,750 results in an estimated price of approximately £245,878.
23 Sep 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
77.8 | 148.6 | 90.974 % | £128,750 | £117,128 | £245,878 |
The Postcode Pricing Model uses changes in average sales price within the RM5 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 | 51.476 % | £66,275 | £195,025 |
3 Month Average | 79.304 % | £102,103 | £230,853 |
6 Month Average | 102.964 % | £132,566 | £261,316 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Apr 2023 | £434,529 | £429,850 | 10 MAIDSTONE AVENUE |
24 Feb 2023 | £474,681 | £475,000 | 24 HAYDEN WAY |
31 Jan 2023 | £484,020 | £486,300 | 13 HAYDEN WAY |
17 Jan 2023 | £676,812 | £680,000 | 24 COLLIER ROW LANE |
26 Sep 2022 | £443,419 | £447,000 | 40 COLLIER ROW LANE |
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Wainfleet Avenue |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hayden Way |
Jan 2024 | Anti-social behaviour | On or near Wainfleet Avenue | |
Jan 2024 | Anti-social behaviour | On or near Wainfleet Avenue | |
Jan 2024 | Anti-social behaviour | On or near Wainfleet Avenue |