£390,474
This estimated value is based upon the latest sale price for the house of £217,000 on 31 Jul 2009. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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54a Station Road, Romford, RM6 4BU
Phone: 02080222778
Price Paid | Date |
---|---|
£217,000 | 31 Jul 2009 |
£190,000 | 30 Jun 2004 |
£92,000 | 25 Jun 1999 |
Semi-Detached |
Freehold |
Floor Area: 76 sq meters or 818 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 July 2009 the House Price Index for GREATER LONDON was 81.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 79.942%.Applying this 79.942% change to the original purchase price of £217,000 results in an estimated price of approximately £390,474.
31 Jul 2009 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
81.5 | 146.7 | 79.942 % | £217,000 | £173,474 | £390,474 |
The Postcode Pricing Model uses changes in average sales price within the RM8 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 | 34.175 % | £74,160 | £291,160 |
3 Month Average | 111.738 % | £242,470 | £459,470 |
6 Month Average | 122.408 % | £265,625 | £482,625 |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 18 Mar 2009.
The average size of a house on PLOWMAN WAY is 68 sq meters (737 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Plowman Way |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Blunden Close |
Dec 2023 | Other crime | Under investigation | On or near Blunden Close |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Burnside Road |
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Asquith Close |