£467,187
This estimated value is based upon the latest sale price for the house of £375,000 on 26 Apr 2019. 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 |
---|---|
£375,000 | 26 Apr 2019 |
Semi-Detached |
Freehold |
Floor Area: 107 sq meters or 1,161 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 April 2019 the House Price Index for GREATER LONDON was 120.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.583%.Applying this 24.583% change to the original purchase price of £375,000 results in an estimated price of approximately £467,187.
26 Apr 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.2 | 149.7 | 24.583 % | £375,000 | £92,187 | £467,187 |
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 | 29.801 % | £111,754 | £486,754 |
3 Month Average | 36.272 % | £136,021 | £511,021 |
6 Month Average | 16.963 % | £63,611 | £438,611 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Sep 2023 | £472,414 | £462,000 | 2B OAKS AVENUE |
25 Aug 2023 | £544,827 | £535,000 | 28 OAKS AVENUE |
24 Feb 2023 | £478,194 | £475,000 | 24 HAYDEN WAY |
31 Jan 2023 | £487,603 | £486,300 | 13 HAYDEN WAY |
19 Apr 2022 | £466,840 | £450,000 | 6 THAMESHILL AVENUE |
This house has a floor area of 107 sq meters or 1,161 sq feet when measured on 25 Jun 2009. Using an estimated price of £467,188 means this house is valued at £4,329 per sq meter (£402 per sq foot).
The average size of a house on FERNDALE ROAD is 96 sq meters (1,043 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Anti-social behaviour | On or near Nolands Close | |
Apr 2024 | Anti-social behaviour | On or near Nolands Close | |
Apr 2024 | Anti-social behaviour | On or near Nolands Close | |
Apr 2024 | Anti-social behaviour | On or near Nolands Close | |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Wainfleet Avenue |