£3,355,093
This estimated value is based upon the latest sale price for the house of £547,500 on 2 Aug 2024. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near South Street
More crime details
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5 Old Mill Parade, Victoria Road, Romford, RM1 2HU
Phone: 01708573434
| Price Paid | Date |
|---|---|
| £547,500 | 2 Aug 2024 |
| £91,500 | 21 Mar 1997 |
| £87,000 | 20 Dec 1996 |
| Semi-Detached |
| Freehold |
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 August 2024 the House Price Index for GREATER LONDON was 24.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 512.803%.Applying this 512.803% change to the original purchase price of £547,500 results in an estimated price of approximately £3,355,093.
| 2 Aug 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 24.4 | 149.7 | 512.803 % | £547,500 | £2,807,593 | £3,355,093 |
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 | 3.449 % | £18,880 | £566,380 |
| 3 Month Average | 21.771 % | £119,198 | £666,698 |
| 6 Month Average | 8.563 % | £46,882 | £594,382 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Oct 2023 | £205,671 | £201,000 | 27 FRAZER CLOSE |
| 25 Aug 2023 | £193,490 | £190,000 | 34 FRAZER CLOSE |
| 29 Jun 2023 | £456,141 | £447,000 | FLAT 3 MILBANK COURT, 279 SOUTH STREET |
| 6 Jan 2023 | £210,563 | £210,000 | 30 FRAZER CLOSE |
| 28 Oct 2022 | £727,570 | £730,000 | 330 SOUTH STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Drugs | Under investigation | On or near South Street |
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near South Street |
| Sep 2024 | Drugs | Awaiting court outcome | On or near South Street |
| Aug 2024 | Possession of weapons | Under investigation | On or near South Street |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near South Street |