£325,027
This estimated value is based upon the latest sale price for the house of £250,000 on 10 Feb 2017. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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1 Collier Row Road, Romford, RM5 3NP
Phone: 01708573005
| Price Paid | Date |
|---|---|
| £250,000 | 10 Feb 2017 |
| £162,500 | 3 Feb 2012 |
| £135,000 | 23 May 2005 |
| £127,000 | 26 May 2004 |
| £69,500 | 3 Dec 1999 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 59 sq meters or 638 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 2017 the House Price Index for GREATER LONDON was 114.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 30.011%.Applying this 30.011% change to the original purchase price of £250,000 results in an estimated price of approximately £325,027.
| 10 Feb 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.3 | 148.6 | 30.011 % | £250,000 | £75,027 | £325,027 |
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 | 54.990 % | £137,475 | £387,475 |
| 3 Month Average | 19.401 % | £48,502 | £298,502 |
| 6 Month Average | 10.456 % | £26,140 | £276,140 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £233,456 | £230,000 | 25 CHERRYDOWN WALK |
| 16 Feb 2023 | £494,667 | £495,000 | 6 NORMAN CLOSE |
| 27 Jan 2023 | £174,180 | £175,000 | 22 ASHDOWN WALK |
| 6 Jan 2023 | £305,561 | £307,000 | 4 CHERRYDOWN WALK |
| 5 Sep 2022 | £273,293 | £275,500 | 1 ASHDOWN WALK |
This house has a floor area of 59 sq meters or 638 sq feet when measured on 3 Aug 2011. Using an estimated price of £325,027 means this house is valued at £5,481 per sq meter (£509 per sq foot).
The average size of a house on CHERRYDOWN WALK is 66 sq meters (718 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Norman Close |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Ashdown Walk |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Elm Road |
| Dec 2023 | Anti-social behaviour | On or near Elm Road | |
| Dec 2023 | Anti-social behaviour | On or near Elm Road |