£369,899
This estimated value is based upon the latest sale price for the house of £214,000 on 4 Aug 2011. 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 |
|---|---|
| £214,000 | 4 Aug 2011 |
| Terraced |
| Freehold |
| Floor Area: 82 sq meters or 882 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 2011 the House Price Index for GREATER LONDON was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.850%.Applying this 72.850% change to the original purchase price of £214,000 results in an estimated price of approximately £369,899.
| 4 Aug 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.850 % | £214,000 | £155,899 | £369,899 |
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 | 67.141 % | £143,681 | £357,681 |
| 3 Month Average | 67.398 % | £144,231 | £358,231 |
| 6 Month Average | 88.737 % | £189,896 | £403,896 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £55,827 | £55,000 | 1-8 ASH COURT JUTSUMS LANE |
| 14 Sep 2023 | £465,958 | £460,000 | 67 JUTSUMS LANE |
| 28 Apr 2023 | £257,776 | £255,000 | FLAT 13 ASH COURT JUTSUMS LANE |
| 31 Mar 2023 | £323,043 | £320,000 | 7 CROWLANDS AVENUE |
| 6 Jan 2023 | £442,914 | £445,000 | 58 BURLINGTON AVENUE |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 21 May 2015. Using an estimated price of £369,900 means this house is valued at £4,510 per sq meter (£419 per sq foot).
The average size of a house on CROWLANDS AVENUE is 100 sq meters (1,085 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Jutsums Lane |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Kimberley Avenue |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Kimberley Avenue |
| Jan 2024 | Anti-social behaviour | On or near Ainsley Avenue | |
| Jan 2024 | Anti-social behaviour | On or near Ainsley Avenue |