£452,418
This estimated value is based upon the latest sale price for the house of £350,000 on 21 Apr 2017. 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 |
|---|---|
| £350,000 | 21 Apr 2017 |
| £195,000 | 18 Oct 2013 |
| Terraced |
| Freehold |
| Floor Area: 79 sq meters or 850 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 April 2017 the House Price Index for GREATER LONDON was 115.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 29.262%.Applying this 29.262% change to the original purchase price of £350,000 results in an estimated price of approximately £452,418.
| 21 Apr 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.0 | 148.6 | 29.262 % | £350,000 | £102,418 | £452,418 |
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 | 74.496 % | £260,736 | £610,736 |
| 3 Month Average | 20.362 % | £71,267 | £421,267 |
| 6 Month Average | 15.048 % | £52,666 | £402,666 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Jun 2023 | £404,905 | £400,000 | 8 MARINA GARDENS |
| 9 Jun 2023 | £404,905 | £400,000 | 79 JUBILEE AVENUE |
| 9 Jun 2023 | £404,905 | £400,000 | 73 JUBILEE AVENUE |
| 3 Mar 2023 | £368,471 | £365,000 | 88 JUBILEE AVENUE |
| 4 Aug 2022 | £378,980 | £380,000 | 11 MARINA GARDENS |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 9 Feb 2013. Using an estimated price of £452,418 means this house is valued at £5,726 per sq meter (£532 per sq foot).
The average size of a house on JUBILEE CLOSE is 95 sq meters (1,024 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Lowland Gardens |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near London Road |
| Dec 2023 | Anti-social behaviour | On or near London Road | |
| Dec 2023 | Anti-social behaviour | On or near London Road | |
| Dec 2023 | Anti-social behaviour | On or near London Road |