£359,019
This estimated value is based upon the latest sale price for the house of £204,000 on 12 Oct 2009. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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55 Laurel Crescent, Romford, RM7 0RU
Phone: 01708573981
Price Paid | Date |
---|---|
£204,000 | 12 Oct 2009 |
£189,995 | 16 Jul 2004 |
£57,000 | 24 Nov 1998 |
Terraced |
Freehold |
Floor Area: 87 sq meters or 938 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 2009 the House Price Index for GREATER LONDON was 84.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 75.990%.Applying this 75.990% change to the original purchase price of £204,000 results in an estimated price of approximately £359,019.
12 Oct 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
84.4 | 148.6 | 75.990 % | £204,000 | £155,019 | £359,019 |
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 | 170.894 % | £348,623 | £552,623 |
3 Month Average | 106.587 % | £217,438 | £421,438 |
6 Month Average | 103.180 % | £210,486 | £414,486 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Dec 2023 | £524,171 | £515,000 | 161 RUSH GREEN ROAD |
29 Sep 2023 | £425,440 | £420,000 | 107 NORWOOD AVENUE |
18 Aug 2023 | £504,413 | £500,000 | 52 LILAC GARDENS |
5 Jul 2023 | £570,681 | £563,000 | 73 NORWOOD AVENUE |
28 Apr 2023 | £490,279 | £485,000 | 116 NORWOOD AVENUE |
This house has a floor area of 87 sq meters or 938 sq feet when measured on 11 May 2009. Using an estimated price of £359,020 means this house is valued at £4,117 per sq meter (£382 per sq foot).
The average size of a house on RUSH GREEN ROAD is 90 sq meters (977 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Norwood Avenue |
Jan 2024 | Anti-social behaviour | On or near Norwood Avenue | |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Norwood Avenue |
Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Norwood Avenue |
Jan 2024 | Anti-social behaviour | On or near Norwood Avenue |