£235,027
This estimated value is based upon the latest sale price for the house of £170,000 on 15 Jan 2016. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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299 Romford Road, London, E7 9HA
Phone: 02081157779
| Price Paid | Date |
|---|---|
| £170,000 | 15 Jan 2016 |
| £95,000 | 24 Mar 2014 |
| £117,000 | 15 Jan 2014 |
| £150,000 | 21 Jul 2010 |
| Flats/Maisonettes |
| Leasehold |
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 2016 the House Price Index for GREATER LONDON was 108.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 38.251%.Applying this 38.251% change to the original purchase price of £170,000 results in an estimated price of approximately £235,027.
| 15 Jan 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.3 | 149.7 | 38.251 % | £170,000 | £65,027 | £235,027 |
The Postcode Pricing Model uses changes in average sales price within the E7 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 | 61.692 % | £104,876 | £274,876 |
| 3 Month Average | 35.647 % | £60,599 | £230,599 |
| 6 Month Average | 36.259 % | £61,640 | £231,640 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £209,313 | £204,000 | 9B WOODGRANGE ROAD |
| 2 Aug 2023 | £865,612 | £850,000 | 1A NURSERY LANE |
| 20 Jun 2022 | £459,829 | £450,000 | 321A ROMFORD ROAD |
| 19 May 2022 | £356,282 | £347,000 | 9 WOODGRANGE ROAD |
| 16 May 2022 | £1,760,874 | £1,715,000 | 5A WOODGRANGE ROAD |