£173,628
This estimated value is based upon the latest sale price for the house of £100,000 on 10 Nov 2011. 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 |
|---|---|
| £100,000 | 10 Nov 2011 |
| £51,000 | 27 Aug 1999 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 32 sq meters or 344 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 November 2011 the House Price Index for GREATER LONDON was 86.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.628%.Applying this 73.628% change to the original purchase price of £100,000 results in an estimated price of approximately £173,628.
| 10 Nov 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.2 | 149.7 | 73.628 % | £100,000 | £73,628 | £173,628 |
The Postcode Pricing Model uses changes in average sales price within the RM6 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 | 94.783 % | £94,782 | £194,782 |
| 3 Month Average | 76.620 % | £76,619 | £176,619 |
| 6 Month Average | 80.782 % | £80,782 | £180,782 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 May 2024 | £311,900 | £311,900 | 68 OVERTON DRIVE |
| 4 Mar 2024 | £406,242 | £400,000 | 7 CEDAR PARK GARDENS |
| 27 Jun 2023 | £204,090 | £200,000 | 132 OVERTON DRIVE |
| 15 Mar 2023 | £272,043 | £267,500 | 152 OVERTON DRIVE |
| 8 Feb 2023 | £236,580 | £235,000 | 8 CEDAR PARK GARDENS |
This house has a floor area of 32 sq meters or 344 sq feet when measured on 26 Aug 2011. Using an estimated price of £173,628 means this house is valued at £5,425 per sq meter (£504 per sq foot).
The average size of a house on OVERTON DRIVE is 63 sq meters (685 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Cedar Park Gardens |
| Sep 2024 | Public order | Unable to prosecute suspect | On or near Cedar Park Gardens |
| Aug 2024 | Anti-social behaviour | On or near Cedar Park Gardens | |
| Aug 2024 | Anti-social behaviour | On or near Cedar Park Gardens | |
| Aug 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Cedar Park Gardens |