£410,579
This estimated value is based upon the latest sale price for the house of £350,000 on 9 Oct 2020. 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 |
|---|---|
| £350,000 | 9 Oct 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 149 sq meters or 1,603 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 2020 the House Price Index for GREATER LONDON was 126.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 17.308%.Applying this 17.308% change to the original purchase price of £350,000 results in an estimated price of approximately £410,579.
| 9 Oct 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 148.6 | 17.308 % | £350,000 | £60,579 | £410,579 |
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 | 35.621 % | £124,672 | £474,672 |
| 3 Month Average | 11.049 % | £38,671 | £388,671 |
| 6 Month Average | 11.233 % | £39,315 | £389,315 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Nov 2023 | £406,011 | £400,000 | 15 HORNDON ROAD |
| 19 Sep 2023 | £467,984 | £462,000 | 2B OAKS AVENUE |
| 25 Aug 2023 | £539,722 | £535,000 | 28 OAKS AVENUE |
| 24 Feb 2023 | £474,681 | £475,000 | 24 HAYDEN WAY |
| 31 Jan 2023 | £484,020 | £486,300 | 13 HAYDEN WAY |
This house has a floor area of 149 sq meters or 1,603 sq feet when measured on 6 Mar 2019. Using an estimated price of £410,579 means this house is valued at £2,755 per sq meter (£256 per sq foot).
The average size of a house on FERNDALE ROAD is 96 sq meters (1,043 sq feet).
This house is the largest in the street with a floor area of 149 sq meters (1,603 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Nolands Close | |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Ferndale Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hayden Way |
| Feb 2024 | Anti-social behaviour | On or near Thameshill Avenue | |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Saffron Road |