£487,007
This estimated value is based upon the latest sale price for the house of £382,000 on 7 Jul 2017. 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 |
|---|---|
| £382,000 | 7 Jul 2017 |
| £230,000 | 23 Sep 2011 |
| £225,000 | 30 Mar 2007 |
| £110,000 | 6 Aug 2001 |
| £87,500 | 9 Apr 2001 |
| Terraced |
| Freehold |
| Floor Area: 84 sq meters or 904 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 2017 the House Price Index for GREATER LONDON was 116.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.489%.Applying this 27.489% change to the original purchase price of £382,000 results in an estimated price of approximately £487,007.
| 7 Jul 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.6 | 148.6 | 27.489 % | £382,000 | £105,007 | £487,007 |
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 | 42.956 % | £164,090 | £546,090 |
| 3 Month Average | 19.745 % | £75,424 | £457,424 |
| 6 Month Average | 16.766 % | £64,045 | £446,045 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Mar 2023 | £323,043 | £320,000 | 7 CROWLANDS AVENUE |
| 13 May 2022 | £407,682 | £400,000 | 8 CROWLANDS AVENUE |
| 7 Mar 2022 | £502,587 | £485,000 | 17 BURLINGTON AVENUE |
| 17 Dec 2021 | £471,406 | £440,000 | 82 CROWLANDS AVENUE |
| 2 Dec 2021 | £466,049 | £435,000 | 34 CROWLANDS AVENUE |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 4 Dec 2008. Using an estimated price of £487,008 means this house is valued at £5,797 per sq meter (£538 per sq foot).
The average size of a house on CROWLANDS AVENUE is 100 sq meters (1,085 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Kimberley Avenue |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Kimberley Avenue |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near London Road |
| Dec 2023 | Anti-social behaviour | On or near London Road | |
| Dec 2023 | Anti-social behaviour | On or near London Road |