£1,680,313
This estimated value is based upon the latest sale price for the house of £1,360,000 on 15 Nov 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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132 South Street, Romford, RM1 1TE
Phone: 01708573581
Price Paid | Date |
---|---|
£1,360,000 | 15 Nov 2019 |
Freehold |
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 November 2019 the House Price Index for GREATER LONDON was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.552%.Applying this 23.552% change to the original purchase price of £1,360,000 results in an estimated price of approximately £1,680,313.
15 Nov 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.2 | 149.7 | 23.552 % | £1,360,000 | £320,313 | £1,680,313 |
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 | 27.113 % | £368,735 | £1,728,735 |
3 Month Average | 32.494 % | £441,919 | £1,801,919 |
6 Month Average | 18.113 % | £246,334 | £1,606,334 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Dec 2023 | £1,016,885 | £985,638 | 1 - 3 MARKET PLACE |
10 Oct 2023 | £204,648 | £200,000 | 54 MALT HOUSE PLACE |
8 Feb 2023 | £281,883 | £280,000 | 55 MALT HOUSE PLACE |
12 Jan 2023 | £1,885,037 | £1,880,000 | 5 SOUTH STREET |
12 Jan 2023 | £1,388,711 | £1,385,000 | 7 MARKET PLACE |
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Violence and sexual offences | Under investigation | On or near Shopping Area |
Oct 2024 | Theft from the person | Unable to prosecute suspect | On or near Shopping Area |
Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Shopping Area |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Shopping Area |
Oct 2024 | Criminal damage and arson | Under investigation | On or near Shopping Area |