£567,578
This estimated value is based upon the latest sale price for the house of £429,000 on 30 Sep 2016. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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5 Old Mill Parade, Victoria Road, Romford, RM1 2HU
Phone: 01708573434
| Price Paid | Date |
|---|---|
| £429,000 | 30 Sep 2016 |
| £370,000 | 12 Nov 2015 |
| £227,000 | 29 Jul 2003 |
| Terraced |
| Freehold |
| Floor Area: 101 sq meters or 1,088 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 Apr 2024 is 148.0 which is a change of 32.303%.Applying this 32.303% change to the original purchase price of £429,000 results in an estimated price of approximately £567,578.
| 30 Sep 2016 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.9 | 148.0 | 32.303 % | £429,000 | £138,578 | £567,578 |
The Postcode Pricing Model uses changes in average sales price within the RM11 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 | 66.487 % | £285,228 | £714,228 |
| 3 Month Average | 18.262 % | £78,342 | £507,342 |
| 6 Month Average | 5.625 % | £24,132 | £453,132 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £415,868 | £408,000 | 64 CRAIGDALE ROAD |
| 1 Dec 2023 | £491,804 | £482,500 | 28 DYMOKE ROAD |
| 28 Jul 2023 | £364,447 | £361,000 | 37 BRENTWOOD ROAD |
| 30 Jun 2023 | £433,515 | £430,000 | 16 BRENTWOOD ROAD |
| 8 Jun 2023 | £3,025 | £3,000 | 66 - 68 BRENTWOOD ROAD |
This house has a floor area of 101 sq meters or 1,088 sq feet when measured on 16 Sep 2011. Using an estimated price of £567,579 means this house is valued at £5,611 per sq meter (£521 per sq foot).
The average size of a house on KYME ROAD is 130 sq meters (1,407 sq feet).
This house is the smallest in the street with a floor area of 101 sq meters (1,088 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Public order | Under investigation | On or near Kyme Road |
| Feb 2024 | Anti-social behaviour | On or near Kyme Road | |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Kyme Road |
| Mar 2024 | Vehicle crime | Under investigation | On or near Wheatsheaf Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Wheatsheaf Road |