£460,579
This estimated value is based upon the latest sale price for the house of £455,000 on 28 Jun 2023. 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 |
---|---|
£455,000 | 28 Jun 2023 |
£374,250 | 6 Jun 2019 |
Semi-Detached |
Freehold |
Floor Area: 93 sq meters or 1,001 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 June 2023 the House Price Index for GREATER LONDON was 146.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.226%.Applying this 1.226% change to the original purchase price of £455,000 results in an estimated price of approximately £460,579.
28 Jun 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.8 | 148.6 | 1.226 % | £455,000 | £5,579 | £460,579 |
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 | -58.086 % | £-264,291 | £190,708 |
3 Month Average | 2.862 % | £13,020 | £468,020 |
6 Month Average | 7.383 % | £33,590 | £488,590 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Aug 2023 | £559,898 | £555,000 | 112 HAINAULT ROAD |
28 Jun 2023 | £460,579 | £455,000 | 89 ROSEDALE ROAD |
8 Jun 2023 | £470,702 | £465,000 | 11 COLLIER ROW LANE |
17 Jan 2023 | £676,812 | £680,000 | 24 COLLIER ROW LANE |
26 Sep 2022 | £443,419 | £447,000 | 40 COLLIER ROW LANE |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 6 Dec 2018. Using an estimated price of £460,579 means this house is valued at £4,952 per sq meter (£460 per sq foot).
The average size of a house on ROSEDALE ROAD is 94 sq meters (1,012 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Anti-social behaviour | On or near Wainfleet Avenue | |
Jan 2024 | Anti-social behaviour | On or near Wainfleet Avenue | |
Jan 2024 | Anti-social behaviour | On or near Wainfleet Avenue | |
Jan 2024 | Anti-social behaviour | On or near Wainfleet Avenue | |
Jan 2024 | Anti-social behaviour | On or near Wainfleet Avenue |