£175,323
This estimated value is based upon the latest sale price for the house of £168,750 on 31 Jan 2022. 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 |
|---|---|
| £168,750 | 31 Jan 2022 |
| £95,000 | 10 Aug 2004 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 58 sq meters or 624 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 January 2022 the House Price Index for GREATER LONDON was 141.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 3.895%.Applying this 3.895% change to the original purchase price of £168,750 results in an estimated price of approximately £175,323.
| 31 Jan 2022 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 146.7 | 3.895 % | £168,750 | £6,573 | £175,323 |
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 | -26.283 % | £-44,352 | £124,397 |
| 3 Month Average | -13.200 % | £-22,275 | £146,474 |
| 6 Month Average | 6.924 % | £11,685 | £180,435 |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 4 Feb 2014.
There is one other house on the street which we know the size of, this is 31 PROSPECT PLACE it is 57.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Under investigation | On or near Prospect Place |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Prospect Place |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Prospect Place |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Wainfleet Avenue |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Dunster Close |