£366,209
This estimated value is based upon the latest sale price for the house of £232,000 on 14 Feb 2008. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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54a Station Road, Romford, RM6 4BU
Phone: 02080222778
| Price Paid | Date |
|---|---|
| £232,000 | 14 Feb 2008 |
| £182,000 | 19 Jan 2004 |
| £69,000 | 24 Jun 1996 |
| Terraced |
| 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 February 2008 the House Price Index for GREATER LONDON was 94.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 57.849%.Applying this 57.849% change to the original purchase price of £232,000 results in an estimated price of approximately £366,209.
| 14 Feb 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.8 | 149.7 | 57.849 % | £232,000 | £134,209 | £366,209 |
The Postcode Pricing Model uses changes in average sales price within the RM6 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 | 114.266 % | £265,096 | £497,096 |
| 3 Month Average | 68.192 % | £158,204 | £390,204 |
| 6 Month Average | 70.409 % | £163,348 | £395,348 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 May 2024 | £311,900 | £311,900 | 68 OVERTON DRIVE |
| 4 Mar 2024 | £406,242 | £400,000 | 7 CEDAR PARK GARDENS |
| 27 Jun 2023 | £204,090 | £200,000 | 132 OVERTON DRIVE |
| 15 Mar 2023 | £272,043 | £267,500 | 152 OVERTON DRIVE |
| 8 Feb 2023 | £236,580 | £235,000 | 8 CEDAR PARK GARDENS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Public order | Under investigation | On or near Cedar Park Gardens |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |