£290,408
This estimated value is based upon the latest sale price for the house of £215,000 on 30 Mar 2016. 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 |
---|---|
£215,000 | 30 Mar 2016 |
£110,000 | 4 Oct 2002 |
Flats/Maisonettes |
Leasehold |
Floor Area: 38 sq meters or 409 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 2016 the House Price Index for GREATER LONDON was 110.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 35.074%.Applying this 35.074% change to the original purchase price of £215,000 results in an estimated price of approximately £290,408.
30 Mar 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
110.0 | 148.6 | 35.074 % | £215,000 | £75,408 | £290,408 |
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 | 57.998 % | £124,694 | £339,694 |
3 Month Average | 26.509 % | £56,995 | £271,995 |
6 Month Average | 28.099 % | £60,413 | £275,413 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
2 Nov 2023 | £288,268 | £284,000 | 268 COLLIER ROW LANE |
1 Sep 2023 | £281,094 | £277,500 | 18A ERITH CRESCENT |
28 Nov 2022 | £271,709 | £275,000 | 7A ERITH CRESCENT |
22 Apr 2022 | £370,728 | £360,000 | 26 PLAYFIELD AVENUE |
29 Nov 2021 | £378,530 | £350,000 | 292 COLLIER ROW LANE |
This house has a floor area of 38 sq meters or 409 sq feet when measured on 13 Apr 2012. Using an estimated price of £290,409 means this house is valued at £7,642 per sq meter (£709 per sq foot).
The average size of a house on COLLIER ROW LANE is 90 sq meters (970 sq feet).
This house is the smallest in the street with a floor area of 38 sq meters (409 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Under investigation | On or near Erith Crescent |
Jan 2024 | Anti-social behaviour | On or near Moorland Close | |
Jan 2024 | Anti-social behaviour | On or near Moorland Close | |
Jan 2024 | Anti-social behaviour | On or near Moorland Close | |
Jan 2024 | Anti-social behaviour | On or near Moorland Close |