£632,158
This estimated value is based upon the latest sale price for the house of £420,000 on 11 Sep 2014. 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 |
|---|---|
| £420,000 | 11 Sep 2014 |
| Detached |
| Freehold |
| Floor Area: 139 sq meters or 1,496 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 2014 the House Price Index for GREATER LONDON was 98.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 50.514%.Applying this 50.514% change to the original purchase price of £420,000 results in an estimated price of approximately £632,158.
| 11 Sep 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.7 | 148.6 | 50.514 % | £420,000 | £212,158 | £632,158 |
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 | 94.383 % | £396,406 | £816,406 |
| 3 Month Average | 50.707 % | £212,968 | £632,968 |
| 6 Month Average | 57.708 % | £242,375 | £662,375 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Feb 2023 | £299,798 | £300,000 | FLAT 19 OAK HOUSE COTTONS APPROACH |
| 12 Jan 2023 | £463,815 | £466,000 | 43 MAWNEY ROAD |
| 12 Aug 2022 | £79,287 | £79,500 | FLAT 3 HAWTHORNE COURT, 16 MARKS ROAD |
| 25 Jul 2022 | £120,324 | £120,000 | FLAT 34 OAK HOUSE COTTONS APPROACH |
| 29 Apr 2022 | £251,271 | £244,000 | FLAT 14 FERN COURT COTTONS APPROACH |
This house has a floor area of 139 sq meters or 1,496 sq feet when measured on 27 Jan 2015. Using an estimated price of £632,158 means this house is valued at £4,547 per sq meter (£422 per sq foot).
The average size of a house on MILDMAY ROAD is 93 sq meters (1,002 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Marks Road |
| Jan 2024 | Other crime | Under investigation | On or near Marks Road |
| Jan 2024 | Public order | Under investigation | On or near Marks Road |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Marks Road |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Marks Road |