£730,021
This estimated value is based upon the latest sale price for the house of £675,000 on 19 Nov 2021. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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116 North Street, Romford, RM1 1DL
Phone: 01708573629
| Price Paid | Date |
|---|---|
| £675,000 | 19 Nov 2021 |
| £4,074,613 | 19 Nov 2021 |
| £2,908,000 | 19 Nov 2021 |
| £250,000 | 4 Sep 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 98 sq meters or 1,054 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 2021 the House Price Index for GREATER LONDON was 137.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 8.151%.Applying this 8.151% change to the original purchase price of £675,000 results in an estimated price of approximately £730,021.
| 19 Nov 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 148.6 | 8.151 % | £675,000 | £55,021 | £730,021 |
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 | 40.227 % | £271,531 | £946,531 |
| 3 Month Average | -0.842 % | £-5,685 | £669,314 |
| 6 Month Average | -1.613 % | £-10,888 | £664,111 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Apr 2023 | £211,275 | £209,000 | 123B MAWNEY ROAD |
| 11 Nov 2022 | £434,734 | £440,000 | 13 OAK STREET |
| 30 Aug 2022 | £473,725 | £475,000 | 148 MAWNEY ROAD |
| 22 Aug 2022 | £455,773 | £457,000 | 116 PRETORIA ROAD |
| 27 Jul 2022 | £511,377 | £510,000 | 128 MAWNEY ROAD |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 10 Jul 2014. Using an estimated price of £730,022 means this house is valued at £7,449 per sq meter (£692 per sq foot).
The average size of a house on MAWNEY ROAD is 89 sq meters (958 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Denbar Parade | |
| Jan 2024 | Anti-social behaviour | On or near Denbar Parade | |
| Jan 2024 | Anti-social behaviour | On or near Denbar Parade | |
| Jan 2024 | Anti-social behaviour | On or near Denbar Parade | |
| Jan 2024 | Anti-social behaviour | On or near Denbar Parade |