£369,485
This estimated value is based upon the latest sale price for the house of £250,000 on 18 Feb 2015. 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 |
---|---|
£250,000 | 18 Feb 2015 |
Terraced |
Freehold |
Floor Area: 106 sq meters or 1,140 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 February 2015 the House Price Index for GREATER LONDON was 100.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 47.794%.Applying this 47.794% change to the original purchase price of £250,000 results in an estimated price of approximately £369,485.
18 Feb 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
100.5 | 148.6 | 47.794 % | £250,000 | £119,485 | £369,485 |
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 | -9.245 % | £-23,113 | £226,886 |
3 Month Average | 91.468 % | £228,669 | £478,669 |
6 Month Average | 72.252 % | £180,630 | £430,630 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Sep 2023 | £450,763 | £445,000 | 46 SIXTH AVENUE |
26 Apr 2022 | £425,822 | £413,500 | 130 SEVENTH AVENUE |
30 Sep 2021 | £490,305 | £455,000 | 7 TREVELYAN AVENUE |
27 Apr 2020 | £18,874 | £15,375 | 86 SEVENTH AVENUE |
24 Mar 2020 | £529,952 | £440,000 | 101 SEVENTH AVENUE |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 18 Jan 2015. Using an estimated price of £369,485 means this house is valued at £3,485 per sq meter (£323 per sq foot).
The average size of a house on SEVENTH AVENUE is 91 sq meters (989 sq feet).