£450,938
This estimated value is based upon the latest sale price for the house of £430,000 on 16 Feb 2022. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
Get our free house price tracker.
Head Office, Romford, RM7 0RR
Phone: 02045173976
Price Paid | Date |
---|---|
£430,000 | 16 Feb 2022 |
£157,000 | 3 Oct 2005 |
Terraced |
Freehold |
Floor Area: 83 sq meters or 893 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 February 2022 the House Price Index for GREATER LONDON was 141.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 4.869%.Applying this 4.869% change to the original purchase price of £430,000 results in an estimated price of approximately £450,938.
16 Feb 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
141.7 | 148.6 | 4.869 % | £430,000 | £20,938 | £450,938 |
The Postcode Pricing Model uses changes in average sales price within the RM12 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 | -4.934 % | £-21,215 | £408,784 |
3 Month Average | 0.117 % | £504 | £430,504 |
6 Month Average | 13.125 % | £56,437 | £486,437 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Sep 2023 | £420,375 | £415,000 | 3 TENNYSON WAY |
31 Aug 2023 | £421,185 | £417,500 | 32 STRATHMORE GARDENS |
29 Aug 2023 | £686,001 | £680,000 | 87A UPPER RAINHAM ROAD |
8 Aug 2023 | £489,280 | £485,000 | 5 TENNYSON WAY |
6 Jul 2023 | £456,139 | £450,000 | 29 TENNYSON WAY |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 16 Nov 2015. Using an estimated price of £450,939 means this house is valued at £5,433 per sq meter (£504 per sq foot).
The average size of a house on SHELLEY AVENUE is 101 sq meters (1,092 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Shelley Avenue |
Jan 2024 | Drugs | Offender given penalty notice | On or near Strathmore Gardens |
Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Strathmore Gardens |
Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Chestnut Avenue |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hollywell Grove |