£393,563
This estimated value is based upon the latest sale price for the house of £239,995 on 12 Jul 2013. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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116 North Street, Romford, RM1 1DL
Phone: 01708573629
| Price Paid | Date |
|---|---|
| £239,995 | 12 Jul 2013 |
| £160,000 | 28 Mar 2003 |
| £73,000 | 26 Sep 1997 |
| Terraced |
| Freehold |
| Floor Area: 103 sq meters or 1,108 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 July 2013 the House Price Index for GREATER LONDON was 89.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 63.988%.Applying this 63.988% change to the original purchase price of £239,995 results in an estimated price of approximately £393,563.
| 12 Jul 2013 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.5 | 146.7 | 63.988 % | £239,995 | £153,568 | £393,563 |
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 | 125.329 % | £300,782 | £540,777 |
| 3 Month Average | 81.545 % | £195,703 | £435,698 |
| 6 Month Average | 76.655 % | £183,968 | £423,963 |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 12 Mar 2013.
The average size of a house on VINE STREET is 101 sq meters (1,090 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Robbery | Investigation complete; no suspect identified | On or near Vine Street |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Vine Street |
| Jan 2024 | Anti-social behaviour | On or near Beech Street | |
| Jan 2024 | Anti-social behaviour | On or near Beech Street | |
| Jan 2024 | Anti-social behaviour | On or near Beech Street |