£375,354
This estimated value is based upon the latest sale price for the house of £235,000 on 10 Jan 2014. 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 |
---|---|
£235,000 | 10 Jan 2014 |
Terraced |
Freehold |
Floor Area: 76 sq meters or 818 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 2014 the House Price Index for GREATER LONDON was 93.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 59.725%.Applying this 59.725% change to the original purchase price of £235,000 results in an estimated price of approximately £375,354.
10 Jan 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
93.0 | 148.6 | 59.725 % | £235,000 | £140,354 | £375,354 |
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 | -21.607 % | £-50,775 | £184,224 |
3 Month Average | 59.598 % | £140,056 | £375,056 |
6 Month Average | 68.243 % | £160,371 | £395,371 |
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 76 sq meters or 818 sq feet when measured on 4 Sep 2013. Using an estimated price of £375,355 means this house is valued at £4,938 per sq meter (£458 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 |