£384,449
This estimated value is based upon the latest sale price for the house of £285,000 on 28 Apr 2016. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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55 Laurel Crescent, Romford, RM7 0RU
Phone: 01708573981
Price Paid | Date |
---|---|
£285,000 | 28 Apr 2016 |
Semi-Detached |
Freehold |
Floor Area: 339 sq meters or 3,648 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 April 2016 the House Price Index for GREATER LONDON was 109.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 34.895%.Applying this 34.895% change to the original purchase price of £285,000 results in an estimated price of approximately £384,449.
28 Apr 2016 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
109.7 | 148.0 | 34.895 % | £285,000 | £99,449 | £384,449 |
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 | 25.121 % | £71,595 | £356,595 |
3 Month Average | 16.117 % | £45,932 | £330,932 |
6 Month Average | 35.903 % | £102,323 | £387,323 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Nov 2023 | £273,511 | £270,000 | 164 DAGENHAM ROAD |
30 Jun 2023 | £594,823 | £590,000 | 79 THORNTONS FARM AVENUE |
1 Jun 2023 | £236,921 | £235,000 | 198 DAGENHAM ROAD |
24 Mar 2023 | £231,250 | £230,000 | 192 DAGENHAM ROAD |
10 Feb 2023 | £298,588 | £300,000 | 1D FOURTH AVENUE |
This house has a floor area of 339 sq meters or 3,648 sq feet when measured on 2 Dec 2015. Using an estimated price of £384,450 means this house is valued at £1,134 per sq meter (£105 per sq foot).
The average size of a house on FOURTH AVENUE is 99 sq meters (1,071 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Dagenham Road |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Dagenham Road |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Dagenham Road |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Dagenham Road |
Apr 2024 | Vehicle crime | Under investigation | On or near Philip Avenue |