£558,063
This estimated value is based upon the latest sale price for the house of £469,995 on 29 Sep 2020. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Queens Court, 9-17 Eastern Road, Romford, RM1 3NH
Phone: 02036414519
Price Paid | Date |
---|---|
£469,995 | 29 Sep 2020 |
Semi-Detached |
Freehold |
Floor Area: 91 sq meters or 979 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 September 2020 the House Price Index for GREATER LONDON was 125.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 18.738%.Applying this 18.738% change to the original purchase price of £469,995 results in an estimated price of approximately £558,063.
29 Sep 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
125.1 | 148.6 | 18.738 % | £469,995 | £88,068 | £558,063 |
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 | -61.986 % | £-291,330 | £178,664 |
3 Month Average | 3.613 % | £16,981 | £486,976 |
6 Month Average | 3.912 % | £18,384 | £488,379 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Dec 2023 | £521,423 | £512,300 | 32 PETTITS LANE |
5 Jul 2023 | £628,458 | £620,000 | 75 PETTITS LANE |
28 Apr 2023 | £722,782 | £715,000 | 6 WOODLANDS ROAD |
6 Feb 2023 | £849,428 | £850,000 | 10 WAYSIDE CLOSE |
6 Feb 2023 | £994,331 | £995,000 | 14 WAYSIDE CLOSE |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 14 Mar 2020. Using an estimated price of £558,063 means this house is valued at £6,132 per sq meter (£569 per sq foot).
The average size of a house on WOODLANDS ROAD is 122 sq meters (1,314 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Woodlands Road |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Brockton Close |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Sydenham Close |
Jan 2024 | Drugs | Investigation complete; no suspect identified | On or near Petrol Station |
Jan 2024 | Drugs | Local resolution | On or near Petrol Station |