£519,452
This estimated value is based upon the latest sale price for the house of £305,000 on 9 Aug 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 |
---|---|
£305,000 | 9 Aug 2012 |
£232,000 | 1 Jul 2005 |
Terraced |
Freehold |
Floor Area: 110 sq meters or 1,186 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 August 2012 the House Price Index for GREATER LONDON was 87.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.312%.Applying this 70.312% change to the original purchase price of £305,000 results in an estimated price of approximately £519,452.
9 Aug 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.3 | 148.6 | 70.312 % | £305,000 | £214,452 | £519,452 |
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 | -2.446 % | £-7,461 | £297,538 |
3 Month Average | 77.080 % | £235,093 | £540,093 |
6 Month Average | 83.082 % | £253,399 | £558,399 |
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 110 sq meters or 1,186 sq feet when measured on 14 Jul 2010. Using an estimated price of £519,453 means this house is valued at £4,710 per sq meter (£437 per sq foot).
The average size of a house on SEYMER ROAD is 90 sq meters (973 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Anti-social behaviour | On or near Seymer Road | |
Apr 2024 | Anti-social behaviour | On or near Seymer Road | |
Apr 2024 | Vehicle crime | Under investigation | On or near Seymer Road |
Mar 2024 | Vehicle crime | Under investigation | On or near Seymer Road |
Mar 2024 | Vehicle crime | Under investigation | On or near Seymer Road |