£319,919
This estimated value is based upon the latest sale price for the house of £186,500 on 19 Jan 2011. 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 |
|---|---|
| £186,500 | 19 Jan 2011 |
| £182,495 | 13 Dec 2005 |
| Terraced |
| Freehold |
| Floor Area: 70 sq meters or 758 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 January 2011 the House Price Index for GREATER LONDON was 86.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.539%.Applying this 71.539% change to the original purchase price of £186,500 results in an estimated price of approximately £319,919.
| 19 Jan 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 148.6 | 71.539 % | £186,500 | £133,419 | £319,919 |
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 | 122.642 % | £228,727 | £415,227 |
| 3 Month Average | 80.141 % | £149,463 | £335,963 |
| 6 Month Average | 81.019 % | £151,100 | £337,600 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £485,000 | £485,000 | 15 HILLFOOT AVENUE |
| 31 Jul 2023 | £557,503 | £550,000 | 209 COLLIER ROW LANE |
| 15 Feb 2023 | £147,900 | £148,000 | 187 COLLIER ROW LANE |
| 27 Sep 2022 | £396,796 | £400,000 | 7 HILLFOOT AVENUE |
| 9 Sep 2022 | £456,315 | £460,000 | 241 COLLIER ROW LANE |
This house has a floor area of 70 sq meters or 758 sq feet when measured on 19 Jul 2010. Using an estimated price of £319,920 means this house is valued at £4,539 per sq meter (£421 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 | Anti-social behaviour | On or near B174 | |
| Apr 2024 | Anti-social behaviour | On or near B174 | |
| Apr 2024 | Vehicle crime | Under investigation | On or near B174 |
| Mar 2024 | Anti-social behaviour | On or near B174 | |
| Feb 2024 | Anti-social behaviour | On or near B174 |