£584,365
This estimated value is based upon the latest sale price for the house of £277,500 on 26 Mar 2004. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Head Office, Romford, RM7 0RR
Phone: 02045173976
Price Paid | Date |
---|---|
£277,500 | 26 Mar 2004 |
£146,000 | 14 Aug 2000 |
£65,000 | 8 Oct 1996 |
Terraced |
Freehold |
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 March 2004 the House Price Index for GREATER LONDON was 71.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 110.582%.Applying this 110.582% change to the original purchase price of £277,500 results in an estimated price of approximately £584,365.
26 Mar 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
71.1 | 149.7 | 110.582 % | £277,500 | £306,865 | £584,365 |
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 | 170.622 % | £473,476 | £750,976 |
3 Month Average | 129.880 % | £360,416 | £637,916 |
6 Month Average | 131.907 % | £366,041 | £643,541 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Apr 2024 | £80,196 | £79,500 | 30 MERRITT HOUSE FRAZER CLOSE |
1 Dec 2023 | £108,329 | £105,000 | 9 MERRITT HOUSE FRAZER CLOSE |
17 Nov 2023 | £117,995 | £115,000 | FLAT 87 VICKERS HOUSE, 365 SOUTH STREET |
13 Oct 2023 | £353,018 | £345,000 | FLAT 89 VICKERS HOUSE, 365 SOUTH STREET |
31 Mar 2023 | £116,953 | £115,000 | 16 MERRITT HOUSE FRAZER CLOSE |
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Anti-social behaviour | On or near Rush Green Road | |
Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Rush Green Road |
Sep 2024 | Violence and sexual offences | Under investigation | On or near Rush Green Road |
Sep 2024 | Anti-social behaviour | On or near Rush Green Road | |
Sep 2024 | Robbery | Investigation complete; no suspect identified | On or near Rush Green Road |