£531,434
This estimated value is based upon the latest sale price for the house of £355,000 on 8 Jan 2015. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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826 Romford Road, London, E12 5JG
Phone: 02077681807
| Price Paid | Date |
|---|---|
| £355,000 | 8 Jan 2015 |
| £240,000 | 16 Apr 2004 |
| £150,000 | 18 Mar 2004 |
| Terraced |
| Freehold |
| Floor Area: 110 sq meters or 1,184 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 January 2015 the House Price Index for GREATER LONDON was 100.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 49.700%.Applying this 49.700% change to the original purchase price of £355,000 results in an estimated price of approximately £531,434.
| 8 Jan 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.0 | 149.7 | 49.700 % | £355,000 | £176,434 | £531,434 |
The Postcode Pricing Model uses changes in average sales price within the E12 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 | 24.303 % | £86,275 | £441,275 |
| 3 Month Average | 52.454 % | £186,210 | £541,210 |
| 6 Month Average | 68.909 % | £244,627 | £599,627 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Oct 2023 | £276,275 | £270,000 | 865 ROMFORD ROAD |
| 15 Mar 2023 | £320,350 | £315,000 | 11A OREGON AVENUE |
| 19 Aug 2022 | £381,785 | £380,000 | 2 WORCESTER ROAD |
| 10 Sep 2021 | £569,924 | £525,000 | 73 WASHINGTON AVENUE |
| 20 Oct 2020 | £381,711 | £323,000 | 57 WASHINGTON AVENUE |
This house has a floor area of 110 sq meters or 1,184 sq feet when measured on 24 Apr 2014. Using an estimated price of £531,435 means this house is valued at £4,831 per sq meter (£448 per sq foot).
The average size of a house on TORONTO AVENUE is 135 sq meters (1,455 sq feet).