£413,367
This estimated value is based upon the latest sale price for the house of £163,000 on 19 Dec 2002. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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614 Romford Road, Manor Park, E12 5AF
Phone: 02080334447
Price Paid | Date |
---|---|
£163,000 | 19 Dec 2002 |
£95,000 | 31 Jul 2001 |
Terraced |
Freehold |
Floor Area: 87 sq meters or 936 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 December 2002 the House Price Index for GREATER LONDON was 58.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 153.600%.Applying this 153.600% change to the original purchase price of £163,000 results in an estimated price of approximately £413,367.
19 Dec 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
58.6 | 148.6 | 153.600 % | £163,000 | £250,367 | £413,367 |
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 | 118.682 % | £193,452 | £356,452 |
3 Month Average | 257.909 % | £420,391 | £583,391 |
6 Month Average | 211.987 % | £345,539 | £508,539 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Jul 2023 | £324,366 | £320,000 | 123 QUEENSBERRY PLACE |
19 Jul 2023 | £243,274 | £240,000 | 560A ROMFORD ROAD |
14 Apr 2022 | £514,900 | £500,000 | 53 SALISBURY ROAD |
14 Apr 2022 | £293,493 | £285,000 | 137 QUEENSBERRY PLACE |
22 Sep 2021 | £468,753 | £435,000 | 40A SALISBURY ROAD |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 5 May 2017. Using an estimated price of £413,368 means this house is valued at £4,751 per sq meter (£441 per sq foot).
The average size of a house on SALISBURY ROAD is 92 sq meters (991 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Salisbury Road |
Jan 2024 | Anti-social behaviour | On or near Salisbury Road | |
Jan 2024 | Anti-social behaviour | On or near Salisbury Road | |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Salisbury Road |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Salisbury Road |