£421,558
This estimated value is based upon the latest sale price for the house of £250,000 on 15 Mar 2013. 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 |
---|---|
£250,000 | 15 Mar 2013 |
Semi-Detached |
Freehold |
Floor Area: 100 sq meters or 1,076 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 2013 the House Price Index for GREATER LONDON was 88.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 68.623%.Applying this 68.623% change to the original purchase price of £250,000 results in an estimated price of approximately £421,558.
15 Mar 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
88.8 | 149.7 | 68.623 % | £250,000 | £171,558 | £421,558 |
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 | 127.026 % | £317,565 | £567,565 |
3 Month Average | 80.728 % | £201,820 | £451,820 |
6 Month Average | 77.005 % | £192,511 | £442,511 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Aug 2023 | £565,194 | £555,000 | 112 HAINAULT ROAD |
28 Jun 2023 | £464,305 | £455,000 | 89 ROSEDALE ROAD |
17 Jan 2023 | £681,822 | £680,000 | 24 COLLIER ROW LANE |
26 Sep 2022 | £446,702 | £447,000 | 40 COLLIER ROW LANE |
22 Jul 2022 | £303,036 | £300,000 | 39 COLLIER ROW LANE |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 9 Jul 2012. Using an estimated price of £421,558 means this house is valued at £4,215 per sq meter (£391 per sq foot).
The average size of a house on HAINAULT ROAD is 92 sq meters (1,000 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Vehicle crime | Under investigation | On or near Rosedale Road |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Rosedale Road |