£236,319
This estimated value is based upon the latest sale price for the house of £132,000 on 20 Jan 2006. 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 |
|---|---|
| £132,000 | 20 Jan 2006 |
| Terraced |
| Leasehold |
| Floor Area: 65 sq meters or 710 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 January 2006 the House Price Index for GREATER LONDON was 83.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 79.030%.Applying this 79.030% change to the original purchase price of £132,000 results in an estimated price of approximately £236,319.
| 20 Jan 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 83.0 | 148.6 | 79.030 % | £132,000 | £104,319 | £236,319 |
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 | 165.672 % | £218,686 | £350,686 |
| 3 Month Average | 107.431 % | £141,809 | £273,809 |
| 6 Month Average | 100.559 % | £132,737 | £264,737 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £374,553 | £368,000 | 57 SHERINGHAM AVENUE |
| 3 Mar 2023 | £1,514,266 | £1,500,000 | 161 LONDON ROAD |
| 30 Jan 2023 | £467,796 | £470,000 | 42 EASTBURY ROAD |
| 23 Jan 2023 | £408,078 | £410,000 | 81 SHERINGHAM AVENUE |
| 15 Jul 2022 | £350,945 | £350,000 | 9 EASTBURY ROAD |
This house has a floor area of 65 sq meters or 710 sq feet when measured on 2 Mar 2011. Using an estimated price of £236,319 means this house is valued at £3,582 per sq meter (£332 per sq foot).
There is one other house on the street which we know the size of, this is 6 KNIGHTON CLOSE it is 64.89
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Drugs | Under investigation | On or near Knighton Road |
| Jan 2024 | Anti-social behaviour | On or near Knighton Close | |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Knighton Close |
| Jan 2024 | Anti-social behaviour | On or near Knighton Close | |
| Jan 2024 | Anti-social behaviour | On or near Knighton Close |