£399,732
This estimated value is based upon the latest sale price for the house of £400,000 on 27 Sep 2022. 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 |
|---|---|
| £400,000 | 27 Sep 2022 |
| £325,000 | 16 Aug 2007 |
| £325,000 | 11 Nov 2002 |
| £75,500 | 6 Mar 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 134 sq meters or 1,442 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 September 2022 the House Price Index for GREATER LONDON was 149.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of -0.067%.Applying this -0.067% change to the original purchase price of £400,000 results in an estimated price of approximately £399,732.
| 27 Sep 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.8 | 149.7 | -0.067 % | £400,000 | £-267 | £399,732 |
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 | 7.699 % | £30,794 | £430,794 |
| 3 Month Average | -10.962 % | £-43,848 | £356,151 |
| 6 Month Average | -11.961 % | £-47,844 | £352,155 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Apr 2024 | £539,687 | £535,000 | 2A PLAYFIELD AVENUE |
| 28 Mar 2024 | £492,568 | £485,000 | 15 HILLFOOT AVENUE |
| 27 Sep 2022 | £399,733 | £400,000 | 7 HILLFOOT AVENUE |
| 28 Jul 2022 | £479,056 | £474,256 | 220 COLLIER ROW LANE |
| 18 May 2022 | £418,914 | £408,000 | 38 PLAYFIELD AVENUE |
This house has a floor area of 134 sq meters or 1,442 sq feet when measured on 25 May 2021. Using an estimated price of £399,733 means this house is valued at £2,983 per sq meter (£277 per sq foot).
The average size of a house on HILLFOOT AVENUE is 94 sq meters (1,015 sq feet).
This house is the largest in the street with a floor area of 134 sq meters (1,442 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near B174 | |
| Apr 2024 | Vehicle crime | Under investigation | On or near B174 |
| Apr 2024 | Anti-social behaviour | On or near B174 | |
| Apr 2024 | Anti-social behaviour | On or near B174 | |
| Apr 2024 | Anti-social behaviour | On or near B174 |