£230,309
This estimated value is based upon the latest sale price for the house of £136,000 on 25 Jan 2011. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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54a Station Road, Romford, RM6 4BU
Phone: 02080222778
| Price Paid | Date |
|---|---|
| £136,000 | 25 Jan 2011 |
| £62,000 | 19 Apr 2000 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 43 sq meters or 465 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 January 2011 the House Price Index for GREATER LONDON was 86.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 69.345%.Applying this 69.345% change to the original purchase price of £136,000 results in an estimated price of approximately £230,309.
| 25 Jan 2011 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 146.7 | 69.345 % | £136,000 | £94,309 | £230,309 |
The Postcode Pricing Model uses changes in average sales price within the RM8 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 | 17.612 % | £23,952 | £159,952 |
| 3 Month Average | 84.448 % | £114,849 | £250,849 |
| 6 Month Average | 94.260 % | £128,193 | £264,193 |
This house has a floor area of 43 sq meters or 465 sq feet when measured on 14 May 2010.
The average size of a house on FAULKNER CLOSE is 54 sq meters (584 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Faulkner Close |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Chadwell Heath |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Palmer Road |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Palmer Road |
| Feb 2024 | Theft from the person | On or near Chadwell Heath (Station) |