£262,795
This estimated value is based upon the latest sale price for the house of £167,500 on 22 Aug 2007. 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 |
---|---|
£167,500 | 22 Aug 2007 |
Flats/Maisonettes |
Leasehold |
Floor Area: 45 sq meters or 484 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 August 2007 the House Price Index for GREATER LONDON was 94.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 56.893%.Applying this 56.893% change to the original purchase price of £167,500 results in an estimated price of approximately £262,795.
22 Aug 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
94.7 | 148.6 | 56.893 % | £167,500 | £95,295 | £262,795 |
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 | -5.601 % | £-9,382 | £158,117 |
3 Month Average | 73.480 % | £123,079 | £290,579 |
6 Month Average | 93.380 % | £156,412 | £323,912 |
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 45 sq meters or 484 sq feet when measured on 11 Sep 2014. Using an estimated price of £262,796 means this house is valued at £5,839 per sq meter (£542 per sq foot).
The average size of a house on ROMFORD ROAD is 67 sq meters (721 sq feet).