£875,969
This estimated value is based upon the latest sale price for the house of £185,000 on 7 Apr 1998. 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 |
|---|---|
| £185,000 | 7 Apr 1998 |
| Detached |
| Freehold |
| Floor Area: 74 sq meters or 796 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 April 1998 the House Price Index for GREATER LONDON was 31.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 373.497%.Applying this 373.497% change to the original purchase price of £185,000 results in an estimated price of approximately £875,969.
| 7 Apr 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 31.4 | 148.6 | 373.497 % | £185,000 | £690,969 | £875,969 |
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 | 399.510 % | £739,094 | £924,094 |
| 3 Month Average | 344.851 % | £637,975 | £822,975 |
| 6 Month Average | 369.171 % | £682,965 | £867,965 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Nov 2023 | £426,312 | £420,000 | 15 LYNTON AVENUE |
| 31 Jul 2023 | £557,503 | £550,000 | 209 COLLIER ROW LANE |
| 29 Mar 2023 | £439,137 | £435,000 | 6 LYNTON AVENUE |
| 15 Feb 2023 | £147,900 | £148,000 | 187 COLLIER ROW LANE |
| 6 Feb 2023 | £446,699 | £447,000 | 29 LYNTON AVENUE |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 1 Jul 2014. Using an estimated price of £875,969 means this house is valued at £11,837 per sq meter (£1,099 per sq foot).
The average size of a house on COLLIER ROW LANE is 90 sq meters (970 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near B174 |
| Jan 2024 | Public order | Under investigation | On or near Hillfoot Avenue |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Hulse Avenue |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Norman Close |