£471,269
This estimated value is based upon the latest sale price for the house of £325,000 on 1 Jul 2015. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
Get our free house price tracker.
5 Old Mill Parade, Victoria Road, Romford, RM1 2HU
Phone: 01708573434
| Price Paid | Date |
|---|---|
| £325,000 | 1 Jul 2015 |
| Terraced |
| Freehold |
| Floor Area: 90 sq meters or 968 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 July 2015 the House Price Index for GREATER LONDON was 103.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 45.006%.Applying this 45.006% change to the original purchase price of £325,000 results in an estimated price of approximately £471,269.
| 1 Jul 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 103.2 | 149.7 | 45.006 % | £325,000 | £146,269 | £471,269 |
The Postcode Pricing Model uses changes in average sales price within the RM1 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 | 30.475 % | £99,045 | £424,045 |
| 3 Month Average | 56.140 % | £182,454 | £507,454 |
| 6 Month Average | 43.577 % | £141,626 | £466,626 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 May 2024 | £420,000 | £420,000 | 128 GEORGE STREET |
| 17 Nov 2023 | £1,231,254 | £1,200,000 | 101 BRENTWOOD ROAD |
| 30 Jun 2023 | £316,339 | £310,000 | 93 BRENTWOOD ROAD |
| 8 Jun 2023 | £3,061 | £3,000 | 66 - 68 BRENTWOOD ROAD |
| 11 Nov 2022 | £496,678 | £499,000 | 122 GEORGE STREET |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 4 Feb 2015. Using an estimated price of £471,270 means this house is valued at £5,236 per sq meter (£486 per sq foot).
The average size of a house on BRENTWOOD ROAD is 85 sq meters (916 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near George Street |
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near George Street |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near George Street |
| Jul 2024 | Anti-social behaviour | On or near George Street | |
| Jul 2024 | Violence and sexual offences | Awaiting court outcome | On or near George Street |