£373,926
This estimated value is based upon the latest sale price for the house of £105,000 on 15 Jan 2001. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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1 Collier Row Road, Romford, RM5 3NP
Phone: 01708573005
| Price Paid | Date |
|---|---|
| £105,000 | 15 Jan 2001 |
| Terraced |
| Freehold |
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 January 2001 the House Price Index for GREATER LONDON was 41.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 256.120%.Applying this 256.120% change to the original purchase price of £105,000 results in an estimated price of approximately £373,926.
| 15 Jan 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 41.7 | 148.6 | 256.120 % | £105,000 | £268,926 | £373,926 |
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 | 212.428 % | £223,048 | £328,048 |
| 3 Month Average | 213.190 % | £223,849 | £328,849 |
| 6 Month Average | 241.830 % | £253,921 | £358,921 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £452,925 | £445,000 | 124 MARLBOROUGH ROAD |
| 30 Nov 2023 | £271,012 | £267,000 | FLAT 9 CALGARY COURT, 117 MARLBOROUGH ROAD |
| 31 Jul 2023 | £268,615 | £265,000 | 30 BLANDFORD CLOSE |
| 9 Aug 2022 | £433,832 | £435,000 | 107 MARLBOROUGH ROAD |
| 24 Jun 2022 | £431,092 | £425,000 | 138 MARLBOROUGH ROAD |