£218,575
This estimated value is based upon the latest sale price for the house of £215,000 on 27 Apr 2022. 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 |
|---|---|
| £215,000 | 27 Apr 2022 |
| £128,500 | 16 Mar 2012 |
| £141,000 | 18 Aug 2006 |
| £136,000 | 26 Aug 2004 |
| £109,000 | 6 Nov 2002 |
| £79,500 | 17 Jul 2001 |
| £59,000 | 18 Jun 1999 |
| £50,500 | 31 Jan 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 42 sq meters or 460 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 2022 the House Price Index for GREATER LONDON was 144.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 1.663%.Applying this 1.663% change to the original purchase price of £215,000 results in an estimated price of approximately £218,575.
| 27 Apr 2022 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 144.3 | 146.7 | 1.663 % | £215,000 | £3,575 | £218,575 |
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 | 58.550 % | £125,881 | £340,881 |
| 3 Month Average | 0.560 % | £1,203 | £216,203 |
| 6 Month Average | -6.667 % | £-14,333 | £200,666 |
This house has a floor area of 42 sq meters or 460 sq feet when measured on 1 Mar 2011.
The average size of a house on LONDON ROAD is 57 sq meters (620 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Drugs | Local resolution | On or near London Road |
| Jan 2024 | Drugs | Local resolution | On or near London Road |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near London Road |
| Jan 2024 | Other theft | Under investigation | On or near London Road |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near London Road |