£330,413
This estimated value is based upon the latest sale price for the house of £82,000 on 22 Dec 1999. 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 |
|---|---|
| £82,000 | 22 Dec 1999 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 50 sq meters or 538 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 December 1999 the House Price Index for GREATER LONDON was 36.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 302.943%.Applying this 302.943% change to the original purchase price of £82,000 results in an estimated price of approximately £330,413.
| 22 Dec 1999 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 36.9 | 148.6 | 302.943 % | £82,000 | £248,413 | £330,413 |
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 | 431.163 % | £353,553 | £435,553 |
| 3 Month Average | 313.093 % | £256,736 | £338,736 |
| 6 Month Average | 311.344 % | £255,302 | £337,302 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Jun 2023 | £328,985 | £325,000 | FLAT 8 HEYBRIDGE COURT, 92 LONDON ROAD |
| 25 Aug 2022 | £209,436 | £210,000 | FLAT 8 DALWOOD HOUSE, 73 LONDON ROAD |
| 1 Jul 2022 | £225,607 | £225,000 | FLAT 2 VERITY HOUSE COTLEIGH ROAD |
| 6 May 2022 | £141,517 | £138,850 | FLAT 1 DEAN COURT, 94 LONDON ROAD |
| 1 Dec 2021 | £1,542,783 | £1,440,000 | HARVEY HOUSE ST. EDWARDS COURT LONDON ROAD |
This house has a floor area of 50 sq meters or 538 sq feet when measured on 19 Apr 2017. Using an estimated price of £330,414 means this house is valued at £6,608 per sq meter (£613 per sq foot).
The average size of a house on LONDON ROAD is 57 sq meters (620 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Larkspur Mews |
| Jan 2024 | Anti-social behaviour | On or near Larkspur Mews | |
| Jan 2024 | Anti-social behaviour | On or near Larkspur Mews | |
| Jan 2024 | Anti-social behaviour | On or near Larkspur Mews | |
| Dec 2023 | Anti-social behaviour | On or near Larkspur Mews |