£441,618
This estimated value is based upon the latest sale price for the house of £105,000 on 10 Sep 1999. 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 Epping Close
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1 Collier Row Road, Romford, RM5 3NP
Phone: 01708573005
| Price Paid | Date |
|---|---|
| £105,000 | 10 Sep 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 126 sq meters or 1,356 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 1999 the House Price Index for GREATER LONDON was 35.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 320.589%.Applying this 320.589% change to the original purchase price of £105,000 results in an estimated price of approximately £441,618.
| 10 Sep 1999 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 35.3 | 148.6 | 320.589 % | £105,000 | £336,618 | £441,618 |
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 | 502.814 % | £527,954 | £632,954 |
| 3 Month Average | 327.666 % | £344,048 | £449,048 |
| 6 Month Average | 320.197 % | £336,207 | £441,207 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £413,116 | £407,000 | 43 BIRCH CLOSE |
| 31 Mar 2023 | £464,375 | £460,000 | 73 BIRCH CLOSE |
| 3 Mar 2023 | £434,090 | £430,000 | 78 ESSEX ROAD |
| 1 Aug 2022 | £508,631 | £510,000 | 30 ESSEX ROAD |
| 28 Apr 2022 | £450,022 | £437,000 | 41 BIRCH CLOSE |
This house has a floor area of 126 sq meters or 1,356 sq feet when measured on 30 Apr 2014. Using an estimated price of £441,619 means this house is valued at £3,504 per sq meter (£325 per sq foot).
The average size of a house on EPPING CLOSE is 107 sq meters (1,157 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Burglary | Under investigation | On or near Epping Close |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Epping Close |
| Jan 2024 | Drugs | Local resolution | On or near Swan Mews |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Swan Mews |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Essex Road |