£331,726
This estimated value is based upon the latest sale price for the house of £205,000 on 5 Apr 2007. 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 |
---|---|
£205,000 | 5 Apr 2007 |
£86,000 | 4 Jun 1998 |
Semi-Detached |
Freehold |
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 April 2007 the House Price Index for GREATER LONDON was 92.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 61.818%.Applying this 61.818% change to the original purchase price of £205,000 results in an estimated price of approximately £331,726.
5 Apr 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
92.5 | 149.7 | 61.818 % | £205,000 | £126,726 | £331,726 |
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 | 133.980 % | £274,658 | £479,658 |
3 Month Average | 92.483 % | £189,590 | £394,590 |
6 Month Average | 81.889 % | £167,871 | £372,871 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Aug 2023 | £565,194 | £555,000 | 112 HAINAULT ROAD |
26 Sep 2022 | £446,702 | £447,000 | 40 COLLIER ROW LANE |
22 Jul 2022 | £303,036 | £300,000 | 39 COLLIER ROW LANE |
24 Mar 2022 | £558,504 | £535,000 | 120 HAINAULT ROAD |
23 Mar 2022 | £172,249 | £165,000 | 4 LARKSHALL COURT LINLEY CRESCENT |
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Wainfleet Avenue |
Apr 2024 | Vehicle crime | Under investigation | On or near Wainfleet Avenue |