£241,674
This estimated value is based upon the latest sale price for the house of £152,000 on 19 May 2008. 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 |
---|---|
£152,000 | 19 May 2008 |
£59,995 | 28 Oct 1999 |
£46,000 | 4 Jun 1999 |
Flats/Maisonettes |
Leasehold |
Floor Area: 78 sq meters or 839 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 2008 the House Price Index for GREATER LONDON was 93.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 58.996%.Applying this 58.996% change to the original purchase price of £152,000 results in an estimated price of approximately £241,674.
19 May 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
93.5 | 148.6 | 58.996 % | £152,000 | £89,674 | £241,674 |
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 | 125.491 % | £190,746 | £342,746 |
3 Month Average | 80.008 % | £121,611 | £273,611 |
6 Month Average | 72.262 % | £109,837 | £261,837 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Nov 2023 | £274,057 | £270,000 | 164 DAGENHAM ROAD |
15 Sep 2023 | £405,181 | £400,000 | 133 DAGENHAM ROAD |
15 Sep 2023 | £258,303 | £255,000 | 180 DAGENHAM ROAD |
1 Jun 2023 | £237,881 | £235,000 | 198 DAGENHAM ROAD |
24 Mar 2023 | £232,188 | £230,000 | 192 DAGENHAM ROAD |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 9 Jun 2015. Using an estimated price of £241,675 means this house is valued at £3,098 per sq meter (£287 per sq foot).
The average size of a house on DAGENHAM ROAD is 82 sq meters (886 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Drugs | Under investigation | On or near Philip Avenue |
Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Parking Area |
Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Parking Area |
Jan 2024 | Vehicle crime | Under investigation | On or near Supermarket |
Jan 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Supermarket |