£521,830
This estimated value is based upon the latest sale price for the house of £432,000 on 21 Aug 2020. 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 |
|---|---|
| £432,000 | 21 Aug 2020 |
| £235,000 | 20 Jul 2007 |
| Terraced |
| Freehold |
| Floor Area: 96 sq meters or 1,033 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 2020 the House Price Index for GREATER LONDON was 123.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 20.794%.Applying this 20.794% change to the original purchase price of £432,000 results in an estimated price of approximately £521,830.
| 21 Aug 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 149.7 | 20.794 % | £432,000 | £89,830 | £521,830 |
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 | -6.617 % | £-28,586 | £403,413 |
| 3 Month Average | 34.421 % | £148,699 | £580,699 |
| 6 Month Average | 6.344 % | £27,407 | £459,407 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Mar 2024 | £634,752 | £625,000 | 28 THE CHASE |
| 6 Nov 2023 | £446,330 | £435,000 | 95 DORSET AVENUE |
| 8 Sep 2023 | £685,103 | £670,000 | 27 THE CHASE |
| 5 Sep 2023 | £536,834 | £525,000 | 104 DORSET AVENUE |
| 25 Aug 2023 | £590,653 | £580,000 | 112 DORSET AVENUE |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 18 May 2020. Using an estimated price of £521,831 means this house is valued at £5,435 per sq meter (£504 per sq foot).
The average size of a house on DORSET AVENUE is 103 sq meters (1,116 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Vehicle crime | Under investigation | On or near Mcintosh Close |
| Aug 2024 | Anti-social behaviour | On or near Mcintosh Close | |
| Aug 2024 | Anti-social behaviour | On or near Mcintosh Close | |
| Aug 2024 | Anti-social behaviour | On or near Mcintosh Close | |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Mcintosh Road |