£494,045
This estimated value is based upon the latest sale price for the house of £330,000 on 24 Oct 2014. 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 |
|---|---|
| £330,000 | 24 Oct 2014 |
| £220,000 | 16 May 2011 |
| £177,000 | 7 Jul 2006 |
| Semi-Detached |
| Freehold |
| Floor Area: 97 sq meters or 1,044 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 October 2014 the House Price Index for GREATER LONDON was 99.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.711%.Applying this 49.711% change to the original purchase price of £330,000 results in an estimated price of approximately £494,045.
| 24 Oct 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.3 | 148.6 | 49.711 % | £330,000 | £164,045 | £494,045 |
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 | 33.735 % | £111,326 | £441,326 |
| 3 Month Average | 29.230 % | £96,460 | £426,460 |
| 6 Month Average | 53.505 % | £176,565 | £506,565 |
| 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 |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 3 Jun 2011. Using an estimated price of £494,045 means this house is valued at £5,089 per sq meter (£472 per sq foot).
The average size of a house on MARLBOROUGH ROAD is 89 sq meters (968 sq feet).