£319,859
This estimated value is based upon the latest sale price for the house of £185,000 on 21 Jul 2006. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
Get our free house price tracker.
5 Old Mill Parade, Victoria Road, Romford, RM1 2HU
Phone: 01708573434
Price Paid | Date |
---|---|
£185,000 | 21 Jul 2006 |
£90,000 | 29 Nov 1999 |
Terraced |
Freehold |
Floor Area: 39 sq meters or 419 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 July 2006 the House Price Index for GREATER LONDON was 85.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.897%.Applying this 72.897% change to the original purchase price of £185,000 results in an estimated price of approximately £319,859.
21 Jul 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
85.9 | 148.6 | 72.897 % | £185,000 | £134,859 | £319,859 |
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 | -2.375 % | £-4,393 | £180,606 |
3 Month Average | 80.894 % | £149,654 | £334,654 |
6 Month Average | 95.660 % | £176,970 | £361,970 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Aug 2023 | £282,471 | £280,000 | FLAT 1 BURNSIDE COURT, 229 - 239 SOUTH STREET |
13 Jul 2022 | £451,215 | £450,000 | 257 SOUTH STREET |
11 Jul 2022 | £481,296 | £480,000 | 21 KINGSMEAD AVENUE |
29 Jun 2022 | £263,727 | £260,000 | FLAT 2 TOLBUT COURT LENNOX CLOSE |
20 Jun 2022 | £284,014 | £280,000 | FLAT 7 BURNSIDE COURT, 229 - 239 SOUTH STREET |
This house has a floor area of 39 sq meters or 419 sq feet when measured on 13 Nov 2017. Using an estimated price of £319,860 means this house is valued at £8,201 per sq meter (£761 per sq foot).
The average size of a house on THURLOE GARDENS is 76 sq meters (825 sq feet).
This house is the smallest in the street with a floor area of 39 sq meters (419 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Criminal damage and arson | Under investigation | On or near Gloucester Road |
Jan 2024 | Drugs | Under investigation | On or near Lennox Close |
Jan 2024 | Vehicle crime | Under investigation | On or near Lennox Close |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Lennox Close |