£128,850
This estimated value is based upon the latest sale price for the house of £75,000 on 28 May 2012. 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 |
---|---|
£75,000 | 28 May 2012 |
£75,000 | 2 Dec 2003 |
Flats/Maisonettes |
Leasehold |
Floor Area: 60 sq meters or 648 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 May 2012 the House Price Index for GREATER LONDON was 87.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.800%.Applying this 71.800% change to the original purchase price of £75,000 results in an estimated price of approximately £128,850.
28 May 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.1 | 149.7 | 71.800 % | £75,000 | £53,850 | £128,850 |
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 | 149.878 % | £112,408 | £187,408 |
3 Month Average | 110.994 % | £83,245 | £158,245 |
6 Month Average | 89.823 % | £67,367 | £142,367 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Oct 2023 | £283,437 | £277,000 | 6 RAMSDEN DRIVE |
2 Oct 2023 | £153,486 | £150,000 | APARTMENT 17 TYTHE COURT, 141 WHITE HART LANE |
18 Sep 2023 | £189,170 | £185,000 | APARTMENT 30 TYTHE COURT, 141 WHITE HART LANE |
31 Mar 2023 | £198,312 | £195,000 | APARTMENT 38 TYTHE COURT, 141 WHITE HART LANE |
10 Feb 2023 | £273,829 | £272,000 | 164 WHITE HART LANE |
This house has a floor area of 60 sq meters or 648 sq feet when measured on 20 May 2010. Using an estimated price of £128,850 means this house is valued at £2,139 per sq meter (£198 per sq foot).
There is one other house on the street which we know the size of, this is 5 REPULSE CLOSE it is 61.62
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Repulse Close |
Apr 2024 | Public order | Under investigation | On or near Repulse Close |
Apr 2024 | Public order | Under investigation | On or near Supermarket |
Apr 2024 | Vehicle crime | Under investigation | On or near Supermarket |
Apr 2024 | Vehicle crime | Under investigation | On or near Supermarket |