£150,710
This estimated value is based upon the latest sale price for the house of £102,500 on 8 May 2015. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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619 Romford Road, London, E12 5AD
Phone: 02036413360
| Price Paid | Date |
|---|---|
| £102,500 | 8 May 2015 |
| £130,000 | 4 Nov 2014 |
| £69,995 | 29 Aug 2000 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 55 sq meters or 592 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 May 2015 the House Price Index for GREATER LONDON was 101.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 47.034%.Applying this 47.034% change to the original purchase price of £102,500 results in an estimated price of approximately £150,710.
| 8 May 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.8 | 149.7 | 47.034 % | £102,500 | £48,210 | £150,710 |
The Postcode Pricing Model uses changes in average sales price within the E7 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 | 42.980 % | £44,054 | £146,554 |
| 3 Month Average | 54.708 % | £56,075 | £158,575 |
| 6 Month Average | 48.471 % | £49,683 | £152,183 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Jun 2024 | £440,000 | £440,000 | 41 TENBURY CLOSE |
| 31 Oct 2023 | £301,856 | £295,000 | 11 TENBURY CLOSE |
| 2 Oct 2023 | £818,592 | £800,000 | 1 - 3 SHREWSBURY ROAD |
| 26 Sep 2023 | £489,797 | £479,000 | 71 SHREWSBURY ROAD |
| 24 Mar 2023 | £88,478 | £87,000 | 571 ROMFORD ROAD |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 7 Jul 2017. Using an estimated price of £150,710 means this house is valued at £2,740 per sq meter (£254 per sq foot).
The average size of a house on TENBURY CLOSE is 63 sq meters (681 sq feet).