£386,062
This estimated value is based upon the latest sale price for the house of £225,000 on 9 Feb 2010. 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 |
---|---|
£225,000 | 9 Feb 2010 |
Semi-Detached |
Freehold |
Floor Area: 67 sq meters or 729 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 February 2010 the House Price Index for GREATER LONDON was 87.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.583%.Applying this 71.583% change to the original purchase price of £225,000 results in an estimated price of approximately £386,062.
9 Feb 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.2 | 149.7 | 71.583 % | £225,000 | £161,062 | £386,062 |
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 | 137.081 % | £308,433 | £533,433 |
3 Month Average | 101.066 % | £227,397 | £452,397 |
6 Month Average | 89.695 % | £201,814 | £426,814 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Mar 2024 | £421,476 | £415,000 | 1 MAIDSTONE AVENUE |
25 Aug 2023 | £453,173 | £445,000 | 56 HILLFOOT ROAD |
18 Apr 2023 | £438,043 | £429,850 | 10 MAIDSTONE AVENUE |
1 Mar 2023 | £416,963 | £410,000 | 71 HILLFOOT ROAD |
24 Feb 2023 | £478,194 | £475,000 | 24 HAYDEN WAY |
This house has a floor area of 67 sq meters or 729 sq feet when measured on 14 Feb 2011. Using an estimated price of £386,062 means this house is valued at £5,694 per sq meter (£529 per sq foot).
The average size of a house on MOWBRAYS ROAD is 75 sq meters (809 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Other crime | Under investigation | On or near Maidstone Avenue |
Apr 2024 | Anti-social behaviour | On or near Nolands Close | |
Apr 2024 | Anti-social behaviour | On or near Nolands Close | |
Apr 2024 | Anti-social behaviour | On or near Nolands Close | |
Apr 2024 | Anti-social behaviour | On or near Nolands Close |