£422,143
This estimated value is based upon the latest sale price for the house of £350,000 on 10 Jun 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 |
|---|---|
| £350,000 | 10 Jun 2020 |
| £212,500 | 23 Dec 2004 |
| £67,500 | 26 May 1995 |
| Terraced |
| Freehold |
| Floor Area: 75 sq meters or 807 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 June 2020 the House Price Index for GREATER LONDON was 122.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 20.613%.Applying this 20.613% change to the original purchase price of £350,000 results in an estimated price of approximately £422,143.
| 10 Jun 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.7 | 148.0 | 20.613 % | £350,000 | £72,143 | £422,143 |
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 | -5.023 % | £-17,579 | £332,420 |
| 3 Month Average | 10.504 % | £36,764 | £386,764 |
| 6 Month Average | 18.094 % | £63,329 | £413,329 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Mar 2023 | £462,500 | £460,000 | 33 CRESCENT AVENUE |
| 3 Jan 2023 | £520,429 | £525,000 | 83 BANCROFT CHASE |
| 18 Oct 2022 | £502,530 | £510,000 | 31 CRESCENT AVENUE |
| 7 Oct 2022 | £440,945 | £447,500 | 51 GORDON AVENUE |
| 10 Jun 2022 | £464,710 | £460,000 | 13 CRESCENT AVENUE |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 13 Apr 2018. Using an estimated price of £422,144 means this house is valued at £5,628 per sq meter (£522 per sq foot).
The average size of a house on CRESCENT AVENUE is 88 sq meters (948 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Gordon Avenue |
| Mar 2024 | Other theft | Under investigation | On or near Bancroft Chase |
| Mar 2024 | Vehicle crime | Under investigation | On or near Bancroft Chase |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Bancroft Chase |
| Apr 2024 | Vehicle crime | Under investigation | On or near Wren Gardens |