£355,580
This estimated value is based upon the latest sale price for the house of £190,000 on 16 Feb 2005. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Gloucester Road
More crime details
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5 Old Mill Parade, Victoria Road, Romford, RM1 2HU
Phone: 01708573434
| Price Paid | Date |
|---|---|
| £190,000 | 16 Feb 2005 |
| Terraced |
| Freehold |
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 February 2005 the House Price Index for GREATER LONDON was 79.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 87.147%.Applying this 87.147% change to the original purchase price of £190,000 results in an estimated price of approximately £355,580.
| 16 Feb 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.4 | 148.6 | 87.147 % | £190,000 | £165,580 | £355,580 |
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 | -22.749 % | £-43,223 | £146,776 |
| 3 Month Average | 107.458 % | £204,169 | £394,169 |
| 6 Month Average | 88.576 % | £168,293 | £358,293 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Aug 2023 | £282,471 | £280,000 | FLAT 1 BURNSIDE COURT, 229 - 239 SOUTH STREET |
| 13 Jul 2022 | £451,215 | £450,000 | 257 SOUTH STREET |
| 11 Jul 2022 | £481,296 | £480,000 | 21 KINGSMEAD AVENUE |
| 29 Jun 2022 | £263,727 | £260,000 | FLAT 2 TOLBUT COURT LENNOX CLOSE |
| 20 Jun 2022 | £284,014 | £280,000 | FLAT 7 BURNSIDE COURT, 229 - 239 SOUTH STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Gloucester Road |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Gloucester Road |
| Jan 2024 | Drugs | Under investigation | On or near Lennox Close |
| Jan 2024 | Vehicle crime | Under investigation | On or near Lennox Close |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Lennox Close |