£423,550
This estimated value is based upon the latest sale price for the house of £330,000 on 3 Feb 2017. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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55 Laurel Crescent, Romford, RM7 0RU
Phone: 01708573981
| Price Paid | Date |
|---|---|
| £330,000 | 3 Feb 2017 |
| £170,000 | 1 Sep 2006 |
| Terraced |
| Freehold |
| Floor Area: 71 sq meters or 764 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 2017 the House Price Index for GREATER LONDON was 114.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 28.349%.Applying this 28.349% change to the original purchase price of £330,000 results in an estimated price of approximately £423,550.
| 3 Feb 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.3 | 146.7 | 28.349 % | £330,000 | £93,550 | £423,550 |
The Postcode Pricing Model uses changes in average sales price within the RM10 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 | -35.786 % | £-118,093 | £211,906 |
| 3 Month Average | 16.558 % | £54,642 | £384,642 |
| 6 Month Average | 25.435 % | £83,936 | £413,936 |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 20 Aug 2016.
The average size of a house on HOME GARDENS is 107 sq meters (1,156 sq feet).
This house is the smallest in the street with a floor area of 71 sq meters (764 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Home Gardens |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wheel Farm Drive |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Grove Gardens |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Highland Avenue |