£430,912
This estimated value is based upon the latest sale price for the house of £250,000 on 21 Dec 2011. 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 |
---|---|
£250,000 | 21 Dec 2011 |
£235,000 | 15 Jun 2006 |
£88,000 | 30 Nov 1995 |
Semi-Detached |
Freehold |
Floor Area: 67 sq meters or 730 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 December 2011 the House Price Index for GREATER LONDON was 86.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.365%.Applying this 72.365% change to the original purchase price of £250,000 results in an estimated price of approximately £430,912.
21 Dec 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.2 | 148.6 | 72.365 % | £250,000 | £180,912 | £430,912 |
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 | 129.056 % | £322,641 | £572,641 |
3 Month Average | 89.491 % | £223,727 | £473,727 |
6 Month Average | 94.392 % | £235,979 | £485,979 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Aug 2023 | £448,927 | £445,000 | 56 HILLFOOT ROAD |
13 Jul 2023 | £430,798 | £425,000 | 51 HORNDON ROAD |
1 Mar 2023 | £413,899 | £410,000 | 71 HILLFOOT ROAD |
3 Feb 2023 | £444,701 | £445,000 | 59 MOWBRAYS ROAD |
13 Jan 2023 | £487,703 | £490,000 | 45 HILLFOOT ROAD |
This house has a floor area of 67 sq meters or 730 sq feet when measured on 21 Sep 2011. Using an estimated price of £430,912 means this house is valued at £6,351 per sq meter (£590 per sq foot).
The average size of a house on HILLFOOT ROAD is 84 sq meters (914 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Under investigation | On or near Adams Close |
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Horndon Road |
Mar 2024 | Drugs | Under investigation | On or near Mowbrays Road |
Jan 2024 | Drugs | Local resolution | On or near Mowbrays Road |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Horndon Close |