£228,829
This estimated value is based upon the latest sale price for the house of £150,000 on 18 Aug 2014. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Queens Court, 9-17 Eastern Road, Romford, RM1 3NH
Phone: 02036414519
Price Paid | Date |
---|---|
£150,000 | 18 Aug 2014 |
£129,000 | 21 Jun 2007 |
Flats/Maisonettes |
Leasehold |
Floor Area: 36 sq meters or 387 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 2014 the House Price Index for GREATER LONDON was 98.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 52.553%.Applying this 52.553% change to the original purchase price of £150,000 results in an estimated price of approximately £228,829.
18 Aug 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
98.1 | 149.7 | 52.553 % | £150,000 | £78,829 | £228,829 |
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 | 119.296 % | £178,944 | £328,944 |
3 Month Average | 65.178 % | £97,766 | £247,766 |
6 Month Average | 62.558 % | £93,836 | £243,836 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Jul 2024 | £215,000 | £215,000 | FLAT 6 LONGDON COURT, 35 JUNCTION ROAD |
23 May 2024 | £145,000 | £145,000 | 16 WATERMANS |
18 Mar 2024 | £129,997 | £128,000 | 9 WATERMANS |
29 Sep 2023 | £141,111 | £138,000 | 33 WATERMANS |
28 Feb 2023 | £186,244 | £185,000 | FLAT 4 LONGDON COURT, 35 JUNCTION ROAD |
This house has a floor area of 36 sq meters or 387 sq feet when measured on 10 Mar 2019. Using an estimated price of £228,829 means this house is valued at £6,356 per sq meter (£590 per sq foot).
The average size of a house on JUNCTION ROAD is 72 sq meters (777 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Junction Road |
Apr 2024 | Burglary | Under investigation | On or near Carlton Road |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Carlton Road |
Apr 2024 | Anti-social behaviour | On or near Harcourt Mews | |
Apr 2024 | Anti-social behaviour | On or near Harcourt Mews |