£335,667
This estimated value is based upon the latest sale price for the house of £270,000 on 10 Apr 2018. 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 |
---|---|
£270,000 | 10 Apr 2018 |
£147,000 | 6 Oct 2004 |
Flats/Maisonettes |
Leasehold |
Floor Area: 34 sq meters or 365 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 2018 the House Price Index for GREATER LONDON was 119.0.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 24.321%.Applying this 24.321% change to the original purchase price of £270,000 results in an estimated price of approximately £335,667.
10 Apr 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.0 | 148.0 | 24.321 % | £270,000 | £65,667 | £335,667 |
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 | 27.817 % | £75,104 | £345,104 |
3 Month Average | 48.055 % | £129,747 | £399,747 |
6 Month Average | 33.692 % | £90,967 | £360,967 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Mar 2023 | £87,473 | £87,000 | 571 ROMFORD ROAD |
27 Sep 2021 | £520,522 | £485,000 | 67 SHREWSBURY ROAD |
24 Feb 2020 | £194,359 | £159,500 | 13 SAINTS DRIVE |
25 Jun 2019 | £676,774 | £550,000 | 16 CLARENCE ROAD |
7 Jun 2019 | £306,271 | £248,900 | 25 SHREWSBURY ROAD |
This house has a floor area of 34 sq meters or 365 sq feet when measured on 2 Sep 2016. Using an estimated price of £335,667 means this house is valued at £9,872 per sq meter (£917 per sq foot).
The average size of a house on TENBURY CLOSE is 63 sq meters (681 sq feet).
This house is the smallest in the street with a floor area of 34 sq meters (365 sq feet).