£397,438
This estimated value is based upon the latest sale price for the house of £395,000 on 31 May 2022. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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5 Old Mill Parade, Victoria Road, Romford, RM1 2HU
Phone: 01708573434
| Price Paid | Date |
|---|---|
| £395,000 | 31 May 2022 |
| £59,750 | 30 Aug 1996 |
| Terraced |
| Freehold |
| Floor Area: 70 sq meters or 753 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 May 2022 the House Price Index for GREATER LONDON was 145.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 0.617%.Applying this 0.617% change to the original purchase price of £395,000 results in an estimated price of approximately £397,438.
| 31 May 2022 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.8 | 146.7 | 0.617 % | £395,000 | £2,438 | £397,438 |
The Postcode Pricing Model uses changes in average sales price within the RM11 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 | 9.966 % | £39,366 | £434,366 |
| 3 Month Average | -11.351 % | £-44,837 | £350,162 |
| 6 Month Average | -12.902 % | £-50,961 | £344,038 |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 1 Aug 2012.
The average size of a house on LONGFIELD AVENUE is 91 sq meters (988 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Clydesdale Road |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Clydesdale Road |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Clydesdale Road |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Melton Gardens |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Melton Gardens |