£564,730
This estimated value is based upon the latest sale price for the house of £422,000 on 22 Sep 2016. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
Get our free house price tracker.
116 North Street, Romford, RM1 1DL
Phone: 01708573629
| Price Paid | Date |
|---|---|
| £422,000 | 22 Sep 2016 |
| £193,000 | 6 Jan 2006 |
| Terraced |
| Freehold |
| Floor Area: 79 sq meters or 850 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 2016 the House Price Index for GREATER LONDON was 111.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.822%.Applying this 33.822% change to the original purchase price of £422,000 results in an estimated price of approximately £564,730.
| 22 Sep 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.9 | 149.7 | 33.822 % | £422,000 | £142,730 | £564,730 |
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 | 73.620 % | £310,677 | £732,677 |
| 3 Month Average | 41.634 % | £175,697 | £597,697 |
| 6 Month Average | 26.395 % | £111,386 | £533,386 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Aug 2024 | £518,500 | £518,500 | 82 SEYMER ROAD |
| 8 Dec 2023 | £658,226 | £638,000 | 111 SEYMER ROAD |
| 16 Jun 2023 | £469,407 | £460,000 | 34 SEYMER ROAD |
| 20 Jan 2023 | £436,165 | £435,000 | 78 SEYMER ROAD |
| 25 Oct 2022 | £456,475 | £458,000 | 17 SEYMER ROAD |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 11 Mar 2016. Using an estimated price of £564,731 means this house is valued at £7,148 per sq meter (£664 per sq foot).
The average size of a house on SEYMER ROAD is 90 sq meters (973 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Seymer Road | |
| Sep 2024 | Drugs | Under investigation | On or near Seymer Road |
| Sep 2024 | Anti-social behaviour | On or near Seymer Road | |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Seymer Road |
| Aug 2024 | Anti-social behaviour | On or near Seymer Road |