£530,633
This estimated value is based upon the latest sale price for the house of £520,000 on 26 Jun 2023. 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 |
|---|---|
| £520,000 | 26 Jun 2023 |
| £365,000 | 28 Sep 2018 |
| Terraced |
| Freehold |
| Floor Area: 96 sq meters or 1,033 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 June 2023 the House Price Index for GREATER LONDON was 146.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.045%.Applying this 2.045% change to the original purchase price of £520,000 results in an estimated price of approximately £530,633.
| 26 Jun 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.7 | 149.7 | 2.045 % | £520,000 | £10,633 | £530,633 |
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 | -17.564 % | £-91,331 | £428,668 |
| 3 Month Average | 18.304 % | £95,182 | £615,182 |
| 6 Month Average | 7.258 % | £37,741 | £557,741 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Aug 2024 | £518,500 | £518,500 | 82 SEYMER ROAD |
| 14 Dec 2023 | £526,168 | £510,000 | 30 DORSET AVENUE |
| 26 Jun 2023 | £530,634 | £520,000 | 2A DORSET AVENUE |
| 16 Jun 2023 | £469,407 | £460,000 | 34 SEYMER ROAD |
| 20 Jan 2023 | £436,165 | £435,000 | 78 SEYMER ROAD |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 17 Jul 2018. Using an estimated price of £530,634 means this house is valued at £5,527 per sq meter (£513 per sq foot).
The average size of a house on DORSET AVENUE is 103 sq meters (1,116 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Vehicle crime | Under investigation | On or near Dorset Avenue |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Dorset Avenue |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Dorset Avenue |
| Oct 2024 | Other theft | Under investigation | On or near Seymer Road |
| Oct 2024 | Vehicle crime | Under investigation | On or near Seymer Road |