£277,452
This estimated value is based upon the latest sale price for the house of £164,800 on 4 May 2012. 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 |
|---|---|
| £164,800 | 4 May 2012 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 56 sq meters or 611 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 2012 the House Price Index for GREATER LONDON was 87.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 68.357%.Applying this 68.357% change to the original purchase price of £164,800 results in an estimated price of approximately £277,452.
| 4 May 2012 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.1 | 146.7 | 68.357 % | £164,800 | £112,652 | £277,452 |
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 | 171.634 % | £282,853 | £447,653 |
| 3 Month Average | 108.301 % | £178,480 | £343,280 |
| 6 Month Average | 100.179 % | £165,095 | £329,895 |
This house has a floor area of 56 sq meters or 611 sq feet when measured on 26 Jan 2012.
The average size of a house on SPRING GARDENS is 61 sq meters (664 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Spring Gardens |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Spring Gardens |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Spring Gardens |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Recreation Avenue |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Richards Avenue |