£1,916,144
This estimated value is based upon the latest sale price for the house of £315,000 on 24 Apr 2024. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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132 South Street, Romford, RM1 1TE
Phone: 01708573581
Price Paid | Date |
---|---|
£315,000 | 24 Apr 2024 |
£235,995 | 24 Nov 2015 |
Flats/Maisonettes |
Leasehold |
Floor Area: 73 sq meters or 785 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 April 2024 the House Price Index for GREATER LONDON was 24.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 508.300%.Applying this 508.300% change to the original purchase price of £315,000 results in an estimated price of approximately £1,916,144.
24 Apr 2024 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
24.4 | 148.6 | 508.300 % | £315,000 | £1,601,144 | £1,916,144 |
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 | 0.000 % | £0 | £315,000 |
3 Month Average | 0.000 % | £0 | £315,000 |
6 Month Average | 0.000 % | £0 | £315,000 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Dec 2023 | £297,709 | £292,500 | FLAT 127 IMAGE COURT MAXWELL ROAD |
6 Feb 2023 | £244,835 | £245,000 | FLAT 70 IMAGE COURT MAXWELL ROAD |
9 Sep 2022 | £314,461 | £317,000 | FLAT 105 IMAGE COURT MAXWELL ROAD |
19 Aug 2022 | £315,152 | £316,000 | FLAT 33 IMAGE COURT MAXWELL ROAD |
5 Aug 2022 | £226,391 | £227,000 | FLAT 29 IMAGE COURT MAXWELL ROAD |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 5 Oct 2015.
The average size of a house on MAXWELL ROAD is 58 sq meters (628 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Theft from the person | Under investigation | On or near Oldchurch Road |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Oldchurch Road |
Jan 2024 | Anti-social behaviour | On or near Maxwell Road | |
Jan 2024 | Anti-social behaviour | On or near Maxwell Road | |
Jan 2024 | Anti-social behaviour | On or near Maxwell Road |