£529,721
This estimated value is based upon the latest sale price for the house of £430,000 on 3 Aug 2018. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Queens Court, 9-17 Eastern Road, Romford, RM1 3NH
Phone: 02036414519
| Price Paid | Date |
|---|---|
| £430,000 | 3 Aug 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 98 sq meters or 1,054 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 August 2018 the House Price Index for GREATER LONDON was 120.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.191%.Applying this 23.191% change to the original purchase price of £430,000 results in an estimated price of approximately £529,721.
| 3 Aug 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 148.0 | 23.191 % | £430,000 | £99,721 | £529,721 |
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 | -46.436 % | £-199,675 | £230,324 |
| 3 Month Average | 45.737 % | £196,667 | £626,667 |
| 6 Month Average | 35.427 % | £152,337 | £582,337 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Apr 2023 | £402,995 | £400,000 | 8 SPRINGWOOD WAY |
| 28 Mar 2022 | £464,435 | £450,000 | 9 MANOR ROAD |
| 4 Mar 2022 | £614,086 | £595,000 | 41 MANOR ROAD |
| 20 Dec 2021 | £773,612 | £725,000 | 25 MANOR ROAD |
| 26 Nov 2021 | £517,031 | £480,000 | 17 PRINCES ROAD |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 9 Feb 2018. Using an estimated price of £529,721 means this house is valued at £5,405 per sq meter (£502 per sq foot).
The average size of a house on MANOR CLOSE is 132 sq meters (1,426 sq feet).
This house is the largest in the street with a floor area of 98 sq meters (1,054 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Springwood Way |
| Mar 2024 | Vehicle crime | Under investigation | On or near Springwood Way |
| Feb 2024 | Anti-social behaviour | On or near Springwood Way | |
| Mar 2024 | Anti-social behaviour | On or near Manor Road | |
| Mar 2024 | Burglary | Under investigation | On or near Manor Road |