£500,678
This estimated value is based upon the latest sale price for the house of £380,000 on 10 Nov 2016. 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 |
|---|---|
| £380,000 | 10 Nov 2016 |
| £240,000 | 12 Dec 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 99 sq meters or 1,065 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 November 2016 the House Price Index for GREATER LONDON was 112.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.758%.Applying this 31.758% change to the original purchase price of £380,000 results in an estimated price of approximately £500,678.
| 10 Nov 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.8 | 148.6 | 31.758 % | £380,000 | £120,678 | £500,678 |
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 | 55.698 % | £211,651 | £591,651 |
| 3 Month Average | 7.033 % | £26,724 | £406,724 |
| 6 Month Average | 11.209 % | £42,595 | £422,595 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Jul 2023 | £420,662 | £415,000 | 8 AMBERLEY WAY |
| 30 Jun 2023 | £457,542 | £452,000 | 232 MAWNEY ROAD |
| 28 Apr 2023 | £444,789 | £440,000 | 14 AMBERLEY WAY |
| 24 Mar 2023 | £565,326 | £560,000 | 227 MAWNEY ROAD |
| 17 Feb 2023 | £224,849 | £225,000 | FLAT 10 TEMPLAR COURT ESSEX ROAD |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 1 Aug 2016. Using an estimated price of £500,679 means this house is valued at £5,057 per sq meter (£469 per sq foot).
The average size of a house on SUSAN CLOSE is 126 sq meters (1,356 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Blenheim Close |
| Jan 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Blenheim Close |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Blenheim Close |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Blenheim Close |
| Dec 2023 | Theft from the person | Investigation complete; no suspect identified | On or near Blenheim Close |