£371,384
This estimated value is based upon the latest sale price for the house of £174,000 on 12 Feb 2004. 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 |
---|---|
£174,000 | 12 Feb 2004 |
£165,000 | 26 Sep 2002 |
£69,000 | 30 May 1997 |
Terraced |
Freehold |
Floor Area: 86 sq meters or 925 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 February 2004 the House Price Index for GREATER LONDON was 70.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 113.439%.Applying this 113.439% change to the original purchase price of £174,000 results in an estimated price of approximately £371,384.
12 Feb 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
70.1 | 149.7 | 113.439 % | £174,000 | £197,384 | £371,384 |
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 | 190.655 % | £331,738 | £505,738 |
3 Month Average | 131.833 % | £229,390 | £403,390 |
6 Month Average | 115.839 % | £201,559 | £375,559 |
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 86 sq meters or 925 sq feet when measured on 11 Nov 2015. Using an estimated price of £371,385 means this house is valued at £4,318 per sq meter (£401 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 | Burglary | Under investigation | On or near Kenway |
Apr 2024 | Other theft | Under investigation | On or near Kenway |