£362,677
This estimated value is based upon the latest sale price for the house of £210,000 on 26 May 2011. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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5 Old Mill Parade, Victoria Road, Romford, RM1 2HU
Phone: 01708573434
Price Paid | Date |
---|---|
£210,000 | 26 May 2011 |
£183,000 | 8 Jun 2004 |
£80,000 | 30 Oct 1998 |
Semi-Detached |
Freehold |
Floor Area: 103 sq meters or 1,110 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 2011 the House Price Index for GREATER LONDON was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.704%.Applying this 72.704% change to the original purchase price of £210,000 results in an estimated price of approximately £362,677.
26 May 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.0 | 148.6 | 72.704 % | £210,000 | £152,677 | £362,677 |
The Postcode Pricing Model uses changes in average sales price within the RM11 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 | 167.279 % | £351,285 | £561,285 |
3 Month Average | 76.241 % | £160,106 | £370,106 |
6 Month Average | 54.524 % | £114,500 | £324,500 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Nov 2023 | £322,271 | £317,500 | 38 PARK LANE |
25 Aug 2023 | £409,583 | £406,000 | 77 DOUGLAS ROAD |
31 Jul 2023 | £491,617 | £485,000 | 51 CRAIGDALE ROAD |
21 Jul 2023 | £466,276 | £460,000 | 31 CRAIGDALE ROAD |
30 May 2022 | £420,422 | £412,500 | 12 DOUGLAS ROAD |
This house has a floor area of 103 sq meters or 1,110 sq feet when measured on 30 Dec 2010. Using an estimated price of £362,678 means this house is valued at £3,516 per sq meter (£326 per sq foot).
The average size of a house on DOUGLAS ROAD is 83 sq meters (901 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Douglas Road |
Jan 2024 | Vehicle crime | Under investigation | On or near Craigdale Road |
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Craigdale Road |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Kyme Road |
Jan 2024 | Public order | Under investigation | On or near George Street |