£306,819
This estimated value is based upon the latest sale price for the house of £178,500 on 13 Jan 2012. 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 |
---|---|
£178,500 | 13 Jan 2012 |
£155,000 | 6 Jan 2006 |
Terraced |
Freehold |
Floor Area: 69 sq meters or 752 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 2012 the House Price Index for GREATER LONDON was 86.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.888%.Applying this 71.888% change to the original purchase price of £178,500 results in an estimated price of approximately £306,819.
13 Jan 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.5 | 148.6 | 71.888 % | £178,500 | £128,319 | £306,819 |
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 | 180.949 % | £322,994 | £501,494 |
3 Month Average | 94.408 % | £168,518 | £347,018 |
6 Month Average | 86.134 % | £153,750 | £332,250 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £610,685 | £600,000 | 88A LYNTON AVENUE |
6 Apr 2023 | £525,660 | £520,000 | 117A LYNTON AVENUE |
15 Mar 2023 | £529,993 | £525,000 | 119 LYNTON AVENUE |
3 Mar 2023 | £454,280 | £450,000 | 9 ELM ROAD |
6 Jan 2023 | £305,561 | £307,000 | 4 CHERRYDOWN WALK |
This house has a floor area of 69 sq meters or 752 sq feet when measured on 22 Sep 2010. Using an estimated price of £306,820 means this house is valued at £4,390 per sq meter (£407 per sq foot).
The average size of a house on ELM CLOSE is 115 sq meters (1,238 sq feet).
This house is the smallest in the street with a floor area of 69 sq meters (752 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Elm Close |
Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Ashdown Walk |
Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Elm Road |
Dec 2023 | Anti-social behaviour | On or near Elm Road | |
Dec 2023 | Anti-social behaviour | On or near Elm Road |