£358,173
This estimated value is based upon the latest sale price for the house of £122,000 on 16 May 2002. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Queens Court, 9-17 Eastern Road, Romford, RM1 3NH
Phone: 02036414519
| Price Paid | Date |
|---|---|
| £122,000 | 16 May 2002 |
| £45,500 | 17 Jan 1997 |
| Terraced |
| Freehold |
| Floor Area: 59 sq meters or 635 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 May 2002 the House Price Index for GREATER LONDON was 51.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 193.585%.Applying this 193.585% change to the original purchase price of £122,000 results in an estimated price of approximately £358,173.
| 16 May 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 51.0 | 149.7 | 193.585 % | £122,000 | £236,173 | £358,173 |
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 | 180.800 % | £220,576 | £342,576 |
| 3 Month Average | 214.369 % | £261,529 | £383,529 |
| 6 Month Average | 191.768 % | £233,957 | £355,957 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Apr 2024 | £270,852 | £268,500 | 159 VICTORIA ROAD |
| 4 Dec 2023 | £515,851 | £500,000 | 99A VICTORIA ROAD |
| 25 Oct 2023 | £542,317 | £530,000 | 12 JULIETTE MEWS |
| 1 Jun 2023 | £1,381,179 | £1,353,500 | GROUND FLOOR UNIT 198 VICTORIA ROAD |
| 28 Apr 2023 | £207,888 | £204,000 | FLAT 3 OLD PRINT HOUSE, 198 VICTORIA ROAD |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 31 Jul 2013. Using an estimated price of £358,174 means this house is valued at £6,070 per sq meter (£563 per sq foot).
The average size of a house on VICTORIA ROAD is 69 sq meters (749 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Victoria Road |
| Sep 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Victoria Road |
| Aug 2024 | Drugs | Further investigation is not in the public interest | On or near Victoria Road |
| Jul 2024 | Drugs | Local resolution | On or near Victoria Road |
| Jul 2024 | Anti-social behaviour | On or near Corbridge Mews |