£572,859
This estimated value is based upon the latest sale price for the house of £530,000 on 23 Jun 2021. 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 |
|---|---|
| £530,000 | 23 Jun 2021 |
| £246,000 | 14 Aug 2007 |
| £90,000 | 30 Sep 1998 |
| Terraced |
| Freehold |
| Floor Area: 101 sq meters or 1,087 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 June 2021 the House Price Index for GREATER LONDON was 138.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.087%.Applying this 8.087% change to the original purchase price of £530,000 results in an estimated price of approximately £572,859.
| 23 Jun 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 149.7 | 8.087 % | £530,000 | £42,859 | £572,859 |
The Postcode Pricing Model uses changes in average sales price within the RM12 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 | 6.452 % | £34,194 | £564,194 |
| 3 Month Average | 0.122 % | £644 | £530,644 |
| 6 Month Average | 0.217 % | £1,151 | £531,151 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2023 | £425,168 | £417,500 | 32 STRATHMORE GARDENS |
| 26 Jun 2023 | £474,509 | £465,000 | 70 RAINSFORD WAY |
| 4 Nov 2022 | £492,696 | £495,000 | 24 SHELLEY AVENUE |
| 4 Aug 2022 | £472,208 | £470,000 | 61 RAINSFORD WAY |
| 7 Jun 2022 | £628,433 | £615,000 | 15 SHELLEY AVENUE |
This house has a floor area of 101 sq meters or 1,087 sq feet when measured on 19 May 2017. Using an estimated price of £572,859 means this house is valued at £5,671 per sq meter (£526 per sq foot).
The average size of a house on STRATHMORE GARDENS is 107 sq meters (1,152 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Strathmore Gardens |
| Aug 2024 | Burglary | Under investigation | On or near Rainsford Way |
| Aug 2024 | Burglary | Under investigation | On or near Shelley Avenue |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Shelley Avenue |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Shelley Avenue |