£318,826
This estimated value is based upon the latest sale price for the house of £91,500 on 16 Feb 2001. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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54a Station Road, Romford, RM6 4BU
Phone: 02080222778
| Price Paid | Date |
|---|---|
| £91,500 | 16 Feb 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 69 sq meters or 742 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 2001 the House Price Index for GREATER LONDON was 42.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 248.445%.Applying this 248.445% change to the original purchase price of £91,500 results in an estimated price of approximately £318,826.
| 16 Feb 2001 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 42.1 | 146.7 | 248.445 % | £91,500 | £227,326 | £318,826 |
The Postcode Pricing Model uses changes in average sales price within the RM8 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 | 158.294 % | £144,838 | £236,338 |
| 3 Month Average | 311.767 % | £285,267 | £376,767 |
| 6 Month Average | 336.511 % | £307,907 | £399,407 |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 14 Mar 2014.
The average size of a house on MAYFIELD ROAD is 97 sq meters (1,054 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Peters Close |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Peters Close |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Peters Close |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Chadway |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Chadway |