£421,583
This estimated value is based upon the latest sale price for the house of £286,000 on 2 Mar 2015. 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 |
---|---|
£286,000 | 2 Mar 2015 |
£250,000 | 19 Dec 2013 |
Terraced |
Freehold |
Floor Area: 72 sq meters or 779 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 March 2015 the House Price Index for GREATER LONDON was 100.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 47.407%.Applying this 47.407% change to the original purchase price of £286,000 results in an estimated price of approximately £421,583.
2 Mar 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
100.8 | 148.6 | 47.407 % | £286,000 | £135,583 | £421,583 |
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 | -29.055 % | £-83,098 | £202,901 |
3 Month Average | 33.179 % | £94,893 | £380,893 |
6 Month Average | 52.092 % | £148,984 | £434,984 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
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 |
2 Aug 2023 | £489,280 | £485,000 | 11 SIMS CLOSE |
This house has a floor area of 72 sq meters or 779 sq feet when measured on 11 Sep 2009. Using an estimated price of £421,583 means this house is valued at £5,822 per sq meter (£540 per sq foot).
The average size of a house on SIMS CLOSE is 105 sq meters (1,132 sq feet).
This house is the smallest in the street with a floor area of 72 sq meters (779 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Erroll Road |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Parking Area |
Jan 2024 | Vehicle crime | Under investigation | On or near Parking Area |