£462,483
This estimated value is based upon the latest sale price for the house of £400,000 on 18 Dec 2020. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Head Office, Romford, RM7 0RR
Phone: 02045173976
| Price Paid | Date |
|---|---|
| £400,000 | 18 Dec 2020 |
| Terraced |
| Freehold |
| Floor Area: 84 sq meters or 904 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 2020 the House Price Index for GREATER LONDON was 129.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.621%.Applying this 15.621% change to the original purchase price of £400,000 results in an estimated price of approximately £462,483.
| 18 Dec 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 149.7 | 15.621 % | £400,000 | £62,483 | £462,483 |
The Postcode Pricing Model uses changes in average sales price within the RM12 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 | 15.042 % | £60,167 | £460,167 |
| 3 Month Average | 4.260 % | £17,041 | £417,041 |
| 6 Month Average | 10.723 % | £42,891 | £442,891 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2023 | £425,168 | £417,500 | 32 STRATHMORE GARDENS |
| 29 Aug 2023 | £692,490 | £680,000 | 87A UPPER RAINHAM ROAD |
| 4 Nov 2022 | £492,696 | £495,000 | 24 SHELLEY AVENUE |
| 7 Jun 2022 | £628,433 | £615,000 | 15 SHELLEY AVENUE |
| 31 Mar 2022 | £511,527 | £490,000 | 2 HAYBURN WAY |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 13 Mar 2017. Using an estimated price of £462,484 means this house is valued at £5,505 per sq meter (£511 per sq foot).
The average size of a house on STRATHMORE GARDENS is 107 sq meters (1,152 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Strathmore Gardens |
| Aug 2024 | Burglary | Under investigation | On or near Shelley Avenue |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Shelley Avenue |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Shelley Avenue |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Shelley Avenue |