£457,280
This estimated value is based upon the latest sale price for the house of £290,000 on 10 Jan 2014. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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5 Old Mill Parade, Victoria Road, Romford, RM1 2HU
Phone: 01708573434
Price Paid | Date |
---|---|
£290,000 | 10 Jan 2014 |
Terraced |
Freehold |
Floor Area: 140 sq meters or 1,506 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 January 2014 the House Price Index for GREATER LONDON was 93.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 57.683%.Applying this 57.683% change to the original purchase price of £290,000 results in an estimated price of approximately £457,280.
10 Jan 2014 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
93.0 | 146.7 | 57.683 % | £290,000 | £167,280 | £457,280 |
The Postcode Pricing Model uses changes in average sales price within the RM11 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 | 40.311 % | £116,901 | £406,901 |
3 Month Average | 30.590 % | £88,711 | £378,711 |
6 Month Average | 37.804 % | £109,630 | £399,630 |
This house has a floor area of 140 sq meters or 1,506 sq feet when measured on 6 Aug 2012.
The average size of a house on ALLANDALE ROAD is 93 sq meters (1,001 sq feet).
This house is the largest in the street with a floor area of 140 sq meters (1,506 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Douglas Road |
Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Douglas Road |
Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Douglas Road |
Jan 2024 | Vehicle crime | Under investigation | On or near Craigdale Road |
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Craigdale Road |