£289,469
This estimated value is based upon the latest sale price for the house of £210,000 on 18 Dec 2015. 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 |
---|---|
£210,000 | 18 Dec 2015 |
£120,000 | 14 Dec 2012 |
£69,000 | 25 May 2001 |
£30,000 | 1 Aug 1997 |
£27,000 | 27 Jul 1995 |
Flats/Maisonettes |
Leasehold |
Floor Area: 44 sq meters or 473 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 December 2015 the House Price Index for GREATER LONDON was 107.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 37.843%.Applying this 37.843% change to the original purchase price of £210,000 results in an estimated price of approximately £289,469.
18 Dec 2015 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
107.4 | 148.0 | 37.843 % | £210,000 | £79,469 | £289,469 |
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 | 11.384 % | £23,906 | £233,906 |
3 Month Average | 47.192 % | £99,104 | £309,104 |
6 Month Average | 50.158 % | £105,330 | £315,330 |
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 44 sq meters or 473 sq feet when measured on 15 Feb 2012. Using an estimated price of £289,469 means this house is valued at £6,575 per sq meter (£610 per sq foot).
The average size of a house on TENBURY CLOSE is 63 sq meters (681 sq feet).