£285,809
This estimated value is based upon the latest sale price for the house of £275,500 on 14 Apr 2022. 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 |
|---|---|
| £275,500 | 14 Apr 2022 |
| £155,000 | 10 Jul 2012 |
| £187,500 | 11 May 2007 |
| £177,500 | 8 Apr 2004 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 60 sq meters or 651 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 2022 the House Price Index for GREATER LONDON was 144.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.742%.Applying this 3.742% change to the original purchase price of £275,500 results in an estimated price of approximately £285,809.
| 14 Apr 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 144.3 | 149.7 | 3.742 % | £275,500 | £10,309 | £285,809 |
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 | 9.381 % | £25,844 | £301,344 |
| 3 Month Average | 0.293 % | £807 | £276,307 |
| 6 Month Average | -2.828 % | £-7,791 | £267,708 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Sep 2023 | £107,367 | £105,000 | FLAT 8 BRANT COURT RIVERSIDE CLOSE |
| 24 Feb 2023 | £98,659 | £98,000 | FLAT 18 BRANT COURT RIVERSIDE CLOSE |
| 15 Feb 2023 | £237,587 | £236,000 | 27 ROMSIDE PLACE |
| 28 Oct 2022 | £291,128 | £292,100 | FLAT 17 CALDER COURT RIVERSIDE CLOSE |
| 15 Sep 2022 | £284,810 | £285,000 | FLAT 1 EDDLESTON COURT RIVERSIDE CLOSE |
This house has a floor area of 60 sq meters or 651 sq feet when measured on 21 Aug 2009. Using an estimated price of £285,810 means this house is valued at £4,722 per sq meter (£438 per sq foot).
The average size of a house on ROMSIDE PLACE is 63 sq meters (678 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Romside Place |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Romside Place |
| Aug 2024 | Other crime | Under investigation | On or near Brooklands Close |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Brooklands Close |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Riverside Close |