£302,535
This estimated value is based upon the latest sale price for the house of £155,000 on 25 Jun 2004. 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 |
|---|---|
| £155,000 | 25 Jun 2004 |
| £60,000 | 28 Jun 1996 |
| Terraced |
| Freehold |
| Floor Area: 59 sq meters or 641 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 June 2004 the House Price Index for GREATER LONDON was 75.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 95.184%.Applying this 95.184% change to the original purchase price of £155,000 results in an estimated price of approximately £302,535.
| 25 Jun 2004 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 75.2 | 146.7 | 95.184 % | £155,000 | £147,535 | £302,535 |
The Postcode Pricing Model uses changes in average sales price within the RM8 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 | 38.013 % | £58,919 | £213,919 |
| 3 Month Average | 115.511 % | £179,042 | £334,042 |
| 6 Month Average | 129.375 % | £200,530 | £355,530 |
This house has a floor area of 59 sq meters or 641 sq feet when measured on 5 Sep 2011.
The average size of a house on PALMER ROAD is 69 sq meters (747 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Palmer Road |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Palmer Road |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Faulkner Close |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Armstrong Close |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Chadwell Heath |