£644,062
This estimated value is based upon the latest sale price for the house of £545,000 on 23 Oct 2020. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Head Office, Romford, RM7 0RR
Phone: 02045173976
| Price Paid | Date |
|---|---|
| £545,000 | 23 Oct 2020 |
| £249,950 | 25 Jul 2014 |
| Terraced |
| Freehold |
| Floor Area: 144 sq meters or 1,550 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 October 2020 the House Price Index for GREATER LONDON was 126.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 18.177%.Applying this 18.177% change to the original purchase price of £545,000 results in an estimated price of approximately £644,062.
| 23 Oct 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 149.7 | 18.177 % | £545,000 | £99,062 | £644,062 |
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 | 35.166 % | £191,654 | £736,654 |
| 3 Month Average | 17.294 % | £94,254 | £639,254 |
| 6 Month Average | 23.317 % | £127,079 | £672,079 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Aug 2023 | £432,806 | £425,000 | 123 RUSH GREEN ROAD |
| 3 Feb 2023 | £503,362 | £500,000 | 16 GORSEWAY |
| 30 Sep 2022 | £409,726 | £410,000 | 83 RUSH GREEN ROAD |
| 22 Jul 2022 | £454,555 | £450,000 | 7 NORWOOD AVENUE |
| 29 Apr 2022 | £534,272 | £515,000 | 32 GORSEWAY |
This house has a floor area of 144 sq meters or 1,550 sq feet when measured on 3 Jul 2020. Using an estimated price of £644,063 means this house is valued at £4,472 per sq meter (£415 per sq foot).
The average size of a house on RUSH GREEN ROAD is 90 sq meters (977 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Public order | Investigation complete; no suspect identified | On or near Norwood Avenue |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Norwood Avenue |
| Sep 2024 | Public order | Under investigation | On or near Parking Area |