£628,276
This estimated value is based upon the latest sale price for the house of £500,000 on 2 May 2018. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Lowshoe Lane
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1 Collier Row Road, Romford, RM5 3NP
Phone: 01708573005
| Price Paid | Date |
|---|---|
| £500,000 | 2 May 2018 |
| £315,000 | 3 Oct 2016 |
| Terraced |
| Freehold |
| Floor Area: 128 sq meters or 1,377 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 May 2018 the House Price Index for GREATER LONDON was 119.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.655%.Applying this 25.655% change to the original purchase price of £500,000 results in an estimated price of approximately £628,276.
| 2 May 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.1 | 149.7 | 25.655 % | £500,000 | £128,276 | £628,276 |
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 | 28.662 % | £143,308 | £643,308 |
| 3 Month Average | 24.053 % | £120,264 | £620,264 |
| 6 Month Average | 16.609 % | £83,045 | £583,045 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Dec 2023 | £536,485 | £520,000 | 11 MELVILLE ROAD |
| 30 Jun 2023 | £388,791 | £381,000 | 53 COLLIER ROW ROAD |
| 25 Apr 2023 | £529,912 | £520,000 | 57 COLLIER ROW ROAD |
| 31 May 2022 | £446,636 | £435,000 | 101 COLLIER ROW ROAD |
| 12 May 2022 | £533,909 | £520,000 | 22 MELVILLE ROAD |
This house has a floor area of 128 sq meters or 1,377 sq feet when measured on 2 Oct 2017. Using an estimated price of £628,276 means this house is valued at £4,908 per sq meter (£456 per sq foot).
The average size of a house on LOWSHOE LANE is 88 sq meters (947 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Burglary | Under investigation | On or near Lowshoe Lane |
| Apr 2024 | Public order | Under investigation | On or near Supermarket |
| Apr 2024 | Vehicle crime | Under investigation | On or near Supermarket |
| Apr 2024 | Shoplifting | Under investigation | On or near Supermarket |
| Apr 2024 | Vehicle crime | Under investigation | On or near Supermarket |