£384,713
This estimated value is based upon the latest sale price for the house of £325,000 on 24 Aug 2020. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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54a Station Road, Romford, RM6 4BU
Phone: 02080222778
Price Paid | Date |
---|---|
£325,000 | 24 Aug 2020 |
£280,000 | 14 Sep 2015 |
Terraced |
Freehold |
Floor Area: 62 sq meters or 667 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 August 2020 the House Price Index for GREATER LONDON was 123.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 18.373%.Applying this 18.373% change to the original purchase price of £325,000 results in an estimated price of approximately £384,713.
24 Aug 2020 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
123.9 | 146.7 | 18.373 % | £325,000 | £59,713 | £384,713 |
The Postcode Pricing Model uses changes in average sales price within the RM8 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 | -34.488 % | £-112,086 | £212,913 |
3 Month Average | 2.877 % | £9,348 | £334,348 |
6 Month Average | 9.907 % | £32,197 | £357,197 |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 18 May 2015.
The average size of a house on PLOWMAN WAY is 68 sq meters (737 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Plowman Way |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Blunden Close |
Dec 2023 | Other crime | Under investigation | On or near Blunden Close |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Burnside Road |
Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Armstrong Close |