£409,340
This estimated value is based upon the latest sale price for the house of £210,000 on 6 Jul 2004. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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826 Romford Road, London, E12 5JG
Phone: 02077681807
Price Paid | Date |
---|---|
£210,000 | 6 Jul 2004 |
£81,500 | 26 May 1999 |
Terraced |
Freehold |
Floor Area: 133 sq meters or 1,431 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 2004 the House Price Index for GREATER LONDON was 76.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 94.924%.Applying this 94.924% change to the original purchase price of £210,000 results in an estimated price of approximately £409,340.
6 Jul 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
76.2 | 148.6 | 94.924 % | £210,000 | £199,340 | £409,340 |
The Postcode Pricing Model uses changes in average sales price within the E12 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 | -2.997 % | £-6,292 | £203,707 |
3 Month Average | 91.600 % | £192,358 | £402,358 |
6 Month Average | 119.077 % | £250,061 | £460,061 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
2 Aug 2023 | £514,501 | £510,000 | 788 ROMFORD ROAD |
20 Jan 2023 | £497,656 | £500,000 | 8 EIGHTH AVENUE |
3 Aug 2022 | £513,617 | £515,000 | 19 EIGHTH AVENUE |
12 Jul 2022 | £466,255 | £465,000 | 5 EIGHTH AVENUE |
27 May 2022 | £509,704 | £500,100 | 49 SIXTH AVENUE |
This house has a floor area of 133 sq meters or 1,431 sq feet when measured on 20 Nov 2015. Using an estimated price of £409,341 means this house is valued at £3,077 per sq meter (£285 per sq foot).
The average size of a house on SEVENTH AVENUE is 91 sq meters (989 sq feet).