£272,513
This estimated value is based upon the latest sale price for the house of £160,000 on 22 Sep 2006. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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116 North Street, Romford, RM1 1DL
Phone: 01708573629
Price Paid | Date |
---|---|
£160,000 | 22 Sep 2006 |
Flats/Maisonettes |
Leasehold |
Floor Area: 62 sq meters or 667 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 September 2006 the House Price Index for GREATER LONDON was 87.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.321%.Applying this 70.321% change to the original purchase price of £160,000 results in an estimated price of approximately £272,513.
22 Sep 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.2 | 148.6 | 70.321 % | £160,000 | £112,513 | £272,513 |
The Postcode Pricing Model uses changes in average sales price within the RM7 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 | 153.351 % | £245,361 | £405,361 |
3 Month Average | 95.152 % | £152,243 | £312,243 |
6 Month Average | 93.300 % | £149,280 | £309,280 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Feb 2023 | £560,623 | £561,000 | 11A LESSINGTON AVENUE |
13 Feb 2023 | £294,802 | £295,000 | 2A ESHER AVENUE |
11 Jan 2023 | £196,076 | £197,000 | 2 ESHER AVENUE |
15 Nov 2022 | £419,914 | £425,000 | 5 LESSINGTON AVENUE |
9 Sep 2022 | £384,892 | £388,000 | 198 LONDON ROAD |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 5 Aug 2017. Using an estimated price of £272,514 means this house is valued at £4,395 per sq meter (£408 per sq foot).
The average size of a house on ESHER AVENUE is 105 sq meters (1,134 sq feet).
This house is the smallest in the street with a floor area of 62 sq meters (667 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Violence and sexual offences | Under investigation | On or near Esher Avenue |
Dec 2023 | Violence and sexual offences | Under investigation | On or near Esher Avenue |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cromer Road |
Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Lonsdale Avenue |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Spring Gardens |