£143,841
This estimated value is based upon the latest sale price for the house of £85,000 on 27 Nov 2012. 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 |
|---|---|
| £85,000 | 27 Nov 2012 |
| £111,000 | 12 Jan 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 57 sq meters or 613 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 November 2012 the House Price Index for GREATER LONDON was 87.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.226%.Applying this 69.226% change to the original purchase price of £85,000 results in an estimated price of approximately £143,841.
| 27 Nov 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.8 | 148.6 | 69.226 % | £85,000 | £58,841 | £143,841 |
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 | 151.173 % | £128,497 | £213,497 |
| 3 Month Average | 92.095 % | £78,281 | £163,281 |
| 6 Month Average | 87.008 % | £73,956 | £158,956 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Apr 2023 | £434,529 | £429,850 | 10 MAIDSTONE AVENUE |
| 31 Jan 2023 | £484,020 | £486,300 | 13 HAYDEN WAY |
| 26 Sep 2022 | £443,419 | £447,000 | 40 COLLIER ROW LANE |
| 22 Jul 2022 | £300,810 | £300,000 | 39 COLLIER ROW LANE |
| 31 Jan 2022 | £177,594 | £168,750 | 42 PROSPECT PLACE |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 8 Aug 2013. Using an estimated price of £143,842 means this house is valued at £2,523 per sq meter (£234 per sq foot).
There is one other house on the street which we know the size of, this is 42 PROSPECT PLACE it is 58.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Prospect Place |
| Jan 2024 | Other theft | Under investigation | On or near Prospect Place |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Prospect Place |
| Apr 2024 | Vehicle crime | Under investigation | On or near Wainfleet Avenue |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Wainfleet Avenue |