£223,884
This estimated value is based upon the latest sale price for the house of £164,000 on 8 Feb 2016. 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 |
|---|---|
| £164,000 | 8 Feb 2016 |
| £142,000 | 12 Nov 2003 |
| £80,000 | 1 Nov 2001 |
| £59,000 | 22 Oct 1999 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 59 sq meters or 635 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 2016 the House Price Index for GREATER LONDON was 108.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 36.515%.Applying this 36.515% change to the original purchase price of £164,000 results in an estimated price of approximately £223,884.
| 8 Feb 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.9 | 148.6 | 36.515 % | £164,000 | £59,884 | £223,884 |
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 | -13.369 % | £-21,925 | £142,074 |
| 3 Month Average | 40.439 % | £66,320 | £230,320 |
| 6 Month Average | 57.486 % | £94,276 | £258,276 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Mar 2023 | £233,570 | £231,369 | 9 SHERINGHAM AVENUE |
| 8 Feb 2023 | £209,859 | £210,000 | 878A ROMFORD ROAD |
| 25 Aug 2022 | £373,993 | £375,000 | 14 DERSINGHAM AVENUE |
| 16 Mar 2022 | £180,310 | £174,000 | 1 COLCHESTER AVENUE |
| 4 Feb 2022 | £498,130 | £475,000 | 56 SHERINGHAM AVENUE |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 16 Feb 2015. Using an estimated price of £223,885 means this house is valued at £3,794 per sq meter (£352 per sq foot).
The average size of a house on ROMFORD ROAD is 67 sq meters (721 sq feet).