£446,528
This estimated value is based upon the latest sale price for the house of £263,000 on 19 Oct 2012. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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116 North Street, Romford, RM1 1DL
Phone: 01708573629
| Price Paid | Date |
|---|---|
| £263,000 | 19 Oct 2012 |
| £83,000 | 29 May 1998 |
| Terraced |
| Freehold |
| Floor Area: 89 sq meters or 959 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 October 2012 the House Price Index for GREATER LONDON was 87.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.783%.Applying this 69.783% change to the original purchase price of £263,000 results in an estimated price of approximately £446,528.
| 19 Oct 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.5 | 148.6 | 69.783 % | £263,000 | £183,528 | £446,528 |
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 | 4.895 % | £12,873 | £275,873 |
| 3 Month Average | 88.456 % | £232,638 | £495,638 |
| 6 Month Average | 86.180 % | £226,652 | £489,652 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £649,362 | £638,000 | 111 SEYMER ROAD |
| 16 Jun 2023 | £465,640 | £460,000 | 34 SEYMER ROAD |
| 20 Jan 2023 | £432,961 | £435,000 | 78 SEYMER ROAD |
| 25 Oct 2022 | £453,121 | £458,000 | 17 SEYMER ROAD |
| 10 Oct 2022 | £405,633 | £410,000 | 81 SEYMER ROAD |
This house has a floor area of 89 sq meters or 959 sq feet when measured on 27 Jun 2011. Using an estimated price of £446,529 means this house is valued at £5,009 per sq meter (£465 per sq foot).
The average size of a house on SEYMER ROAD is 90 sq meters (973 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Seymer Road |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Seymer Road |
| Jan 2024 | Anti-social behaviour | On or near North Street | |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near North Street |
| Jan 2024 | Anti-social behaviour | On or near North Street |