£428,517
This estimated value is based upon the latest sale price for the house of £348,000 on 31 May 2018. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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55 Laurel Crescent, Romford, RM7 0RU
Phone: 01708573981
| Price Paid | Date |
|---|---|
| £348,000 | 31 May 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 83 sq meters or 893 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 May 2018 the House Price Index for GREATER LONDON was 119.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 23.137%.Applying this 23.137% change to the original purchase price of £348,000 results in an estimated price of approximately £428,517.
| 31 May 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.1 | 146.7 | 23.137 % | £348,000 | £80,517 | £428,517 |
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 | 52.640 % | £183,187 | £531,187 |
| 3 Month Average | 15.339 % | £53,378 | £401,378 |
| 6 Month Average | 11.459 % | £39,876 | £387,876 |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 3 Jun 2016.
The average size of a house on THORNTONS FARM AVENUE is 90 sq meters (978 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Public order | Under investigation | On or near Further/Higher Educational Building |
| Dec 2023 | Theft from the person | Investigation complete; no suspect identified | On or near Further/Higher Educational Building |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Fourth Avenue |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Fourth Avenue |
| Dec 2023 | Drugs | Under investigation | On or near Philip Avenue |