£433,683
This estimated value is based upon the latest sale price for the house of £325,000 on 4 Oct 2016. 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 |
|---|---|
| £325,000 | 4 Oct 2016 |
| Terraced |
| 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 October 2016 the House Price Index for GREATER LONDON was 112.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.441%.Applying this 33.441% change to the original purchase price of £325,000 results in an estimated price of approximately £433,683.
| 4 Oct 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.2 | 149.7 | 33.441 % | £325,000 | £108,683 | £433,683 |
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 | 40.894 % | £132,907 | £457,907 |
| 3 Month Average | 15.676 % | £50,946 | £375,946 |
| 6 Month Average | 12.000 % | £39,000 | £364,000 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Mar 2024 | £421,476 | £415,000 | 1 MAIDSTONE AVENUE |
| 12 Oct 2023 | £483,992 | £473,000 | 27 DUNSTER CLOSE |
| 18 Apr 2023 | £438,043 | £429,850 | 10 MAIDSTONE AVENUE |
| 8 Feb 2023 | £445,476 | £442,500 | 46 DUNSTER CLOSE |
| 10 Oct 2022 | £505,811 | £507,500 | 33 DUNSTER CLOSE |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 3 Nov 2016. Using an estimated price of £433,683 means this house is valued at £5,421 per sq meter (£503 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 crime | Under investigation | On or near Maidstone Avenue |
| Apr 2024 | Other theft | Under investigation | On or near Redriff Road |
| Apr 2024 | Other theft | Under investigation | On or near Kenway |
| Apr 2024 | Burglary | Under investigation | On or near Kenway |