£539,686
This estimated value is based upon the latest sale price for the house of £535,000 on 6 Apr 2024. 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 |
|---|---|
| £535,000 | 6 Apr 2024 |
| £249,995 | 23 Feb 2015 |
| Detached |
| Freehold |
| Floor Area: 110 sq meters or 1,184 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 2024 the House Price Index for GREATER LONDON was 148.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.876%.Applying this 0.876% change to the original purchase price of £535,000 results in an estimated price of approximately £539,686.
| 6 Apr 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.4 | 149.7 | 0.876 % | £535,000 | £4,686 | £539,686 |
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 | 10.413 % | £55,707 | £590,707 |
| 3 Month Average | 7.836 % | £41,921 | £576,921 |
| 6 Month Average | -3.145 % | £-16,825 | £518,174 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Apr 2024 | £539,687 | £535,000 | 2A PLAYFIELD AVENUE |
| 2 Nov 2023 | £291,397 | £284,000 | 268 COLLIER ROW LANE |
| 1 Sep 2023 | £283,755 | £277,500 | 18A ERITH CRESCENT |
| 28 Nov 2022 | £273,720 | £275,000 | 7A ERITH CRESCENT |
| 27 Sep 2022 | £399,733 | £400,000 | 7 HILLFOOT AVENUE |
This house has a floor area of 110 sq meters or 1,184 sq feet when measured on 21 Jul 2020. Using an estimated price of £539,687 means this house is valued at £4,906 per sq meter (£455 per sq foot).
The average size of a house on PLAYFIELD AVENUE is 73 sq meters (790 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other crime | Under investigation | On or near Hulse Avenue |
| Apr 2024 | Anti-social behaviour | On or near Hulse Avenue | |
| Apr 2024 | Anti-social behaviour | On or near Hulse Avenue | |
| Apr 2024 | Anti-social behaviour | On or near Hulse Avenue | |
| Apr 2024 | Anti-social behaviour | On or near Hulse Avenue |