£437,040
This estimated value is based upon the latest sale price for the house of £119,000 on 15 Sep 2000. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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116 North Street, Romford, RM1 1DL
Phone: 01708573629
Price Paid | Date |
---|---|
£119,000 | 15 Sep 2000 |
Terraced |
Freehold |
Floor Area: 82 sq meters or 882 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 2000 the House Price Index for GREATER LONDON was 40.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 267.261%.Applying this 267.261% change to the original purchase price of £119,000 results in an estimated price of approximately £437,040.
15 Sep 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
40.5 | 148.6 | 267.261 % | £119,000 | £318,040 | £437,040 |
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 | 370.970 % | £441,454 | £560,454 |
3 Month Average | 254.217 % | £302,518 | £421,518 |
6 Month Average | 253.541 % | £301,714 | £420,714 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Jul 2023 | £223,001 | £220,000 | 34 WINSTON CLOSE |
4 Jul 2023 | £420,662 | £415,000 | 8 AMBERLEY WAY |
28 Jun 2023 | £239,906 | £237,000 | 4 WINSTON CLOSE |
28 Apr 2023 | £444,789 | £440,000 | 14 AMBERLEY WAY |
17 Feb 2023 | £224,849 | £225,000 | FLAT 10 TEMPLAR COURT ESSEX ROAD |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 3 Jan 2014. Using an estimated price of £437,041 means this house is valued at £5,329 per sq meter (£495 per sq foot).
The average size of a house on AMBERLEY WAY is 82 sq meters (893 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Anti-social behaviour | On or near Winston Close | |
Jan 2024 | Anti-social behaviour | On or near Winston Close | |
Jan 2024 | Anti-social behaviour | On or near Winston Close | |
Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Winston Close |