£738,320
This estimated value is based upon the latest sale price for the house of £602,000 on 22 Nov 2019. 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 |
|---|---|
| £602,000 | 22 Nov 2019 |
| £279,000 | 12 Jul 2013 |
| £233,000 | 27 Aug 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 148 sq meters or 1,593 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 November 2019 the House Price Index for GREATER LONDON was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.645%.Applying this 22.645% change to the original purchase price of £602,000 results in an estimated price of approximately £738,320.
| 22 Nov 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.645 % | £602,000 | £136,320 | £738,320 |
The Postcode Pricing Model uses changes in average sales price within the RM2 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 | -30.434 % | £-183,213 | £418,786 |
| 3 Month Average | -17.186 % | £-103,461 | £498,538 |
| 6 Month Average | 0.119 % | £713 | £602,713 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £539,438 | £530,000 | 75 GLENWOOD DRIVE |
| 31 Jul 2023 | £628,458 | £620,000 | 113 LODGE AVENUE |
| 25 Aug 2022 | £683,161 | £685,000 | 24 LODGE AVENUE |
| 12 Aug 2022 | £548,524 | £550,000 | 95 GLENWOOD DRIVE |
| 13 May 2022 | £480,045 | £471,000 | 9 GLENWOOD DRIVE |
This house has a floor area of 148 sq meters or 1,593 sq feet when measured on 14 Dec 2018. Using an estimated price of £738,320 means this house is valued at £4,988 per sq meter (£463 per sq foot).
The average size of a house on LODGE AVENUE is 100 sq meters (1,078 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lodge Avenue |
| Jan 2024 | Drugs | Local resolution | On or near Lodge Avenue |
| Dec 2023 | Anti-social behaviour | On or near Lodge Avenue | |
| Dec 2023 | Anti-social behaviour | On or near Lodge Avenue | |
| Dec 2023 | Anti-social behaviour | On or near Lodge Avenue |