£351,539
This estimated value is based upon the latest sale price for the house of £254,000 on 16 Dec 2015. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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1 Collier Row Road, Romford, RM5 3NP
Phone: 01708573005
Price Paid | Date |
---|---|
£254,000 | 16 Dec 2015 |
Terraced |
Freehold |
Floor Area: 72 sq meters or 775 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 2015 the House Price Index for GREATER LONDON was 107.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 38.401%.Applying this 38.401% change to the original purchase price of £254,000 results in an estimated price of approximately £351,539.
16 Dec 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
107.4 | 148.6 | 38.401 % | £254,000 | £97,539 | £351,539 |
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 | 72.827 % | £184,981 | £438,981 |
3 Month Average | 31.745 % | £80,632 | £334,632 |
6 Month Average | 35.079 % | £89,100 | £343,100 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £610,685 | £600,000 | 88A LYNTON AVENUE |
6 Apr 2023 | £525,660 | £520,000 | 117A LYNTON AVENUE |
24 Mar 2023 | £444,185 | £440,000 | 15 CLOVELLY GARDENS |
26 Oct 2022 | £418,494 | £423,000 | 8 HOOD WALK |
21 Jul 2022 | £455,225 | £454,000 | 33 LOWSHOE LANE |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 20 Aug 2014. Using an estimated price of £351,539 means this house is valued at £4,882 per sq meter (£453 per sq foot).
The average size of a house on ELIZABETH CLOSE is 88 sq meters (953 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Hood Walk |
Dec 2023 | Violence and sexual offences | Under investigation | On or near Hood Walk |
Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hood Walk |
Jan 2024 | Anti-social behaviour | On or near Lynton Avenue | |
Jan 2024 | Anti-social behaviour | On or near Lynton Avenue |