£193,489
This estimated value is based upon the latest sale price for the house of £190,000 on 25 Aug 2023. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
Get our free house price tracker.
Head Office, Romford, RM7 0RR
Phone: 02045173976
| Price Paid | Date |
|---|---|
| £190,000 | 25 Aug 2023 |
| £200,000 | 24 Mar 2016 |
| £124,995 | 2 Aug 2006 |
| £60,000 | 24 May 2000 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 39 sq meters or 419 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 August 2023 the House Price Index for GREATER LONDON was 147.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.837%.Applying this 1.837% change to the original purchase price of £190,000 results in an estimated price of approximately £193,489.
| 25 Aug 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.0 | 149.7 | 1.837 % | £190,000 | £3,489 | £193,489 |
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 | -28.579 % | £-54,300 | £135,699 |
| 3 Month Average | 13.600 % | £25,840 | £215,840 |
| 6 Month Average | 14.262 % | £27,098 | £217,098 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Aug 2024 | £460,000 | £460,000 | 325 SOUTH STREET |
| 18 Apr 2024 | £170,228 | £168,750 | 325B SOUTH STREET |
| 18 Apr 2024 | £170,228 | £168,750 | 325A SOUTH STREET |
| 28 Mar 2024 | £482,412 | £475,000 | 329 SOUTH STREET |
| 23 Oct 2023 | £205,671 | £201,000 | 27 FRAZER CLOSE |
This house has a floor area of 39 sq meters or 419 sq feet when measured on 20 Jan 2016. Using an estimated price of £193,490 means this house is valued at £4,961 per sq meter (£460 per sq foot).
The average size of a house on FRAZER CLOSE is 42 sq meters (461 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Public order | Under investigation | On or near Melton Gardens |
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Melton Gardens |
| Sep 2024 | Anti-social behaviour | On or near Melton Gardens | |
| Sep 2024 | Anti-social behaviour | On or near Melton Gardens | |
| Aug 2024 | Anti-social behaviour | On or near Melton Gardens |