£381,580
This estimated value is based upon the latest sale price for the house of £250,000 on 12 May 2014. 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 |
---|---|
£250,000 | 12 May 2014 |
£238,000 | 6 Dec 2006 |
£114,000 | 14 Dec 2000 |
£117,000 | 18 Aug 2000 |
Semi-Detached |
Freehold |
Floor Area: 95 sq meters or 1,029 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 May 2014 the House Price Index for GREATER LONDON was 96.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 52.632%.Applying this 52.632% change to the original purchase price of £250,000 results in an estimated price of approximately £381,580.
12 May 2014 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
96.1 | 146.7 | 52.632 % | £250,000 | £131,580 | £381,580 |
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 | 114.897 % | £287,241 | £537,241 |
3 Month Average | 83.041 % | £207,602 | £457,602 |
6 Month Average | 77.189 % | £192,973 | £442,973 |
This house has a floor area of 95 sq meters or 1,029 sq feet when measured on 8 Apr 2011.
The average size of a house on MILDMAY ROAD is 93 sq meters (1,002 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Public order | Under investigation | On or near Marks Road |
Jan 2024 | Other crime | Under investigation | On or near Marks Road |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Marks Road |
Dec 2023 | Violence and sexual offences | Under investigation | On or near Marks Road |
Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Marks Road |