£434,229
This estimated value is based upon the latest sale price for the house of £355,000 on 7 May 2020. 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 |
|---|---|
| £355,000 | 7 May 2020 |
| £268,000 | 4 Feb 2015 |
| £114,389 | 24 Aug 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 83 sq meters or 893 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 May 2020 the House Price Index for GREATER LONDON was 121.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.318%.Applying this 22.318% change to the original purchase price of £355,000 results in an estimated price of approximately £434,229.
| 7 May 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 148.6 | 22.318 % | £355,000 | £79,229 | £434,229 |
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 | 44.519 % | £158,043 | £513,043 |
| 3 Month Average | 10.481 % | £37,207 | £392,207 |
| 6 Month Average | 11.840 % | £42,033 | £397,033 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Jul 2023 | £223,001 | £220,000 | 34 WINSTON CLOSE |
| 4 Jul 2023 | £420,662 | £415,000 | 8 AMBERLEY WAY |
| 28 Jun 2023 | £239,906 | £237,000 | 4 WINSTON CLOSE |
| 28 Apr 2023 | £444,789 | £440,000 | 14 AMBERLEY WAY |
| 27 Mar 2023 | £257,425 | £255,000 | 25 WINSTON CLOSE |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 21 Jan 2020. Using an estimated price of £434,229 means this house is valued at £5,231 per sq meter (£486 per sq foot).
The average size of a house on MARLBOROUGH ROAD is 89 sq meters (968 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Winston Close | |
| Jan 2024 | Anti-social behaviour | On or near Winston Close | |
| Jan 2024 | Anti-social behaviour | On or near Winston Close | |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Winston Close |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Supermarket |