£550,538
This estimated value is based upon the latest sale price for the house of £365,000 on 7 Nov 2014. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Head Office, Romford, RM7 0RR
Phone: 02045173976
| Price Paid | Date |
|---|---|
| £365,000 | 7 Nov 2014 |
| Terraced |
| Freehold |
| Floor Area: 117 sq meters or 1,259 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 November 2014 the House Price Index for GREATER LONDON was 99.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.833%.Applying this 50.833% change to the original purchase price of £365,000 results in an estimated price of approximately £550,538.
| 7 Nov 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.2 | 149.7 | 50.833 % | £365,000 | £185,538 | £550,538 |
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 | 37.136 % | £135,546 | £500,546 |
| 3 Month Average | 86.560 % | £315,944 | £680,944 |
| 6 Month Average | 69.489 % | £253,633 | £618,633 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £448,790 | £435,000 | 34 CLYDESDALE ROAD |
| 8 Aug 2023 | £621,204 | £610,000 | 47 MELTON GARDENS |
| 27 Feb 2023 | £462,087 | £459,000 | 17 CLYDESDALE ROAD |
| 24 Feb 2023 | £461,583 | £458,500 | 52 CLYDESDALE ROAD |
| 13 Jan 2023 | £1,313,510 | £1,310,000 | UNIT 9-11 BROOKE TRADING ESTATE |
This house has a floor area of 117 sq meters or 1,259 sq feet when measured on 21 Aug 2014. Using an estimated price of £550,539 means this house is valued at £4,705 per sq meter (£437 per sq foot).
The average size of a house on MELTON GARDENS is 106 sq meters (1,144 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Anti-social behaviour | On or near Longfield Avenue | |
| Aug 2024 | Anti-social behaviour | On or near Longfield Avenue | |
| Aug 2024 | Anti-social behaviour | On or near Longfield Avenue | |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Melton Gardens |
| Jul 2024 | Robbery | Investigation complete; no suspect identified | On or near Melton Gardens |