£496,727
This estimated value is based upon the latest sale price for the house of £375,000 on 28 Oct 2016. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Queens Court, 9-17 Eastern Road, Romford, RM1 3NH
Phone: 02036414519
Price Paid | Date |
---|---|
£375,000 | 28 Oct 2016 |
£153,500 | 18 Jun 2001 |
Terraced |
Freehold |
Floor Area: 96 sq meters or 1,033 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 October 2016 the House Price Index for GREATER LONDON was 112.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.461%.Applying this 32.461% change to the original purchase price of £375,000 results in an estimated price of approximately £496,727.
28 Oct 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
112.2 | 148.6 | 32.461 % | £375,000 | £121,727 | £496,727 |
The Postcode Pricing Model uses changes in average sales price within the RM1 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 | -37.531 % | £-140,740 | £234,259 |
3 Month Average | 38.853 % | £145,696 | £520,696 |
6 Month Average | 40.097 % | £150,364 | £525,364 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Mar 2024 | £128,000 | £128,000 | 9 WATERMANS |
1 Dec 2023 | £432,569 | £425,000 | 6 SIMS CLOSE |
6 Nov 2023 | £636,930 | £627,500 | 25 ERROLL ROAD |
29 Sep 2023 | £139,787 | £138,000 | 33 WATERMANS |
8 Sep 2023 | £693,872 | £685,000 | 37 KINGSTON ROAD |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 25 Feb 2016. Using an estimated price of £496,727 means this house is valued at £5,174 per sq meter (£480 per sq foot).
The average size of a house on SIMS CLOSE is 105 sq meters (1,132 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Anti-social behaviour | On or near Junction Road | |
Jan 2024 | Anti-social behaviour | On or near Junction Road | |
Jan 2024 | Anti-social behaviour | On or near Junction Road | |
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Erroll Road |
Jan 2024 | Vehicle crime | Under investigation | On or near Parking Area |