£394,460
This estimated value is based upon the latest sale price for the house of £230,000 on 15 Feb 2012. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Oak Street
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116 North Street, Romford, RM1 1DL
Phone: 01708573629
Price Paid | Date |
---|---|
£230,000 | 15 Feb 2012 |
£79,000 | 23 Feb 1998 |
£65,000 | 25 Oct 1995 |
Terraced |
Freehold |
Floor Area: 83 sq meters or 893 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 2012 the House Price Index for GREATER LONDON was 86.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.505%.Applying this 71.505% change to the original purchase price of £230,000 results in an estimated price of approximately £394,460.
15 Feb 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.6 | 148.6 | 71.505 % | £230,000 | £164,460 | £394,460 |
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 | 160.688 % | £369,582 | £599,582 |
3 Month Average | 99.055 % | £227,827 | £457,827 |
6 Month Average | 86.275 % | £198,432 | £428,432 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Sep 2023 | £435,569 | £430,000 | 73 PRETORIA ROAD |
25 Jul 2023 | £10,136 | £10,000 | 94 PRETORIA ROAD |
2 Jun 2023 | £429,199 | £424,000 | 86 PRETORIA ROAD |
5 Apr 2023 | £211,275 | £209,000 | 123B MAWNEY ROAD |
25 Nov 2022 | £276,649 | £280,000 | 104 PRETORIA ROAD |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 24 Apr 2020. Using an estimated price of £394,461 means this house is valued at £4,752 per sq meter (£441 per sq foot).
The average size of a house on OAK STREET is 76 sq meters (823 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Anti-social behaviour | On or near Oak Street | |
Jan 2024 | Anti-social behaviour | On or near Oak Street | |
Jan 2024 | Anti-social behaviour | On or near Oak Street | |
Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Oak Street |
Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Oak Street |