£373,800
This estimated value is based upon the latest sale price for the house of £185,500 on 12 May 2004. 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 |
|---|---|
| £185,500 | 12 May 2004 |
| Terraced |
| 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 May 2004 the House Price Index for GREATER LONDON was 73.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 101.510%.Applying this 101.510% change to the original purchase price of £185,500 results in an estimated price of approximately £373,800.
| 12 May 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 73.7 | 148.6 | 101.510 % | £185,500 | £188,300 | £373,800 |
The Postcode Pricing Model uses changes in average sales price within the RM7 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 | 182.847 % | £339,180 | £524,680 |
| 3 Month Average | 120.739 % | £223,971 | £409,471 |
| 6 Month Average | 116.924 % | £216,893 | £402,393 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Jan 2023 | £463,815 | £466,000 | 43 MAWNEY ROAD |
| 29 Apr 2022 | £251,271 | £244,000 | FLAT 14 FERN COURT COTTONS APPROACH |
| 20 Dec 2021 | £310,699 | £290,000 | 23A MAWNEY ROAD |
| 3 Dec 2021 | £235,703 | £220,000 | 9 MILDMAY ROAD |
| 12 Nov 2021 | £324,454 | £300,000 | FLAT 34 FERN COURT COTTONS APPROACH |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Public order | Under investigation | On or near Marks Road |
| Jan 2024 | Other crime | Under investigation | On or near Marks Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Marks Road |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Marks Road |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Marks Road |