£480,089
This estimated value is based upon the latest sale price for the house of £305,000 on 28 Mar 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 |
|---|---|
| £305,000 | 28 Mar 2014 |
| £169,995 | 27 Jun 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 83 sq meters or 893 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 March 2014 the House Price Index for GREATER LONDON was 94.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 57.406%.Applying this 57.406% change to the original purchase price of £305,000 results in an estimated price of approximately £480,089.
| 28 Mar 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.4 | 148.6 | 57.406 % | £305,000 | £175,089 | £480,089 |
The Postcode Pricing Model uses changes in average sales price within the RM5 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 | 87.498 % | £266,870 | £571,870 |
| 3 Month Average | 56.409 % | £172,046 | £477,046 |
| 6 Month Average | 68.036 % | £207,510 | £512,510 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £458,014 | £450,000 | 19 KENWAY |
| 23 Aug 2023 | £484,236 | £480,000 | 7 DOVER CLOSE |
| 19 Jul 2023 | £202,729 | £200,000 | 19 DUNSTER CLOSE |
| 3 Mar 2023 | £444,185 | £440,000 | 26 REDRIFF ROAD |
| 8 Feb 2023 | £442,202 | £442,500 | 46 DUNSTER CLOSE |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 14 Nov 2012. Using an estimated price of £480,089 means this house is valued at £5,784 per sq meter (£537 per sq foot).
The average size of a house on COLLIER ROW LANE is 90 sq meters (970 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Under investigation | On or near Redriff Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Prospect Place |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Prospect Place |
| Jan 2024 | Other theft | Under investigation | On or near Prospect Place |
| Apr 2024 | Other crime | Under investigation | On or near Maidstone Avenue |