£502,152
This estimated value is based upon the latest sale price for the house of £300,000 on 28 Mar 2013. 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 |
---|---|
£300,000 | 28 Mar 2013 |
£303,000 | 1 Jun 2010 |
£92,500 | 27 Mar 1998 |
Semi-Detached |
Freehold |
Floor Area: 91 sq meters or 987 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 March 2013 the House Price Index for GREATER LONDON was 88.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 67.384%.Applying this 67.384% change to the original purchase price of £300,000 results in an estimated price of approximately £502,152.
28 Mar 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
88.8 | 148.6 | 67.384 % | £300,000 | £202,152 | £502,152 |
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 | 133.681 % | £401,042 | £701,042 |
3 Month Average | 80.292 % | £240,875 | £540,875 |
6 Month Average | 86.213 % | £258,639 | £558,639 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Jun 2023 | £516,253 | £510,000 | 5 PRETORIA ROAD |
11 Jan 2023 | £298,593 | £300,000 | FLAT 47 COLVERN HOUSE SPRING GARDENS |
30 Aug 2022 | £244,342 | £245,000 | FLAT 37 COLVERN HOUSE SPRING GARDENS |
20 Aug 2022 | £227,388 | £228,000 | FLAT 2 AUTUMN COURT SPRING GARDENS |
19 Aug 2022 | £341,082 | £342,000 | FLAT 6 AUTUMN COURT SPRING GARDENS |
This house has a floor area of 91 sq meters or 987 sq feet when measured on 17 Feb 2009. Using an estimated price of £502,153 means this house is valued at £5,472 per sq meter (£508 per sq foot).
The average size of a house on JUBILEE AVENUE is 78 sq meters (845 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Spring Gardens |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Spring Gardens |
Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Spring Gardens |
Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Amanda Mews |
Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Amanda Mews |