£351,448
This estimated value is based upon the latest sale price for the house of £211,000 on 7 Jun 2013. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
Get our free house price tracker.
55 Laurel Crescent, Romford, RM7 0RU
Phone: 01708573981
| Price Paid | Date |
|---|---|
| £211,000 | 7 Jun 2013 |
| Semi-Detached |
| Freehold |
| Floor Area: 80 sq meters or 861 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 June 2013 the House Price Index for GREATER LONDON was 89.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 66.563%.Applying this 66.563% change to the original purchase price of £211,000 results in an estimated price of approximately £351,448.
| 7 Jun 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.2 | 148.6 | 66.563 % | £211,000 | £140,448 | £351,448 |
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 | 60.094 % | £126,799 | £337,799 |
| 3 Month Average | 63.318 % | £133,600 | £344,600 |
| 6 Month Average | 81.062 % | £171,041 | £382,041 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £451,449 | £447,500 | 200 GORSEWAY |
| 11 Apr 2023 | £384,136 | £380,000 | 31 LINCOLN AVENUE |
| 26 Jul 2022 | £448,207 | £447,000 | 22 CAMPION CLOSE |
| 15 Jul 2022 | £431,161 | £430,000 | 82 LINCOLN AVENUE |
| 13 May 2022 | £473,930 | £465,000 | 74 LINCOLN AVENUE |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 27 Apr 2012. Using an estimated price of £351,449 means this house is valued at £4,393 per sq meter (£408 per sq foot).
The average size of a house on LINCOLN AVENUE is 94 sq meters (1,019 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Lincoln Avenue |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Harveys Lane |
| Jan 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Supermarket |
| Jan 2024 | Vehicle crime | Under investigation | On or near Supermarket |