£588,846
This estimated value is based upon the latest sale price for the house of £480,000 on 4 Dec 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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55 Laurel Crescent, Romford, RM7 0RU
Phone: 01708573981
| Price Paid | Date |
|---|---|
| £480,000 | 4 Dec 2019 |
| £445,000 | 10 Aug 2016 |
| £249,500 | 29 Jun 2012 |
| £170,000 | 14 Nov 2002 |
| £145,000 | 30 Jun 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 109 sq meters or 1,179 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 December 2019 the House Price Index for GREATER LONDON was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.676%.Applying this 22.676% change to the original purchase price of £480,000 results in an estimated price of approximately £588,846.
| 4 Dec 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.676 % | £480,000 | £108,846 | £588,846 |
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 | 58.345 % | £280,054 | £760,054 |
| 3 Month Average | 7.635 % | £36,646 | £516,646 |
| 6 Month Average | 10.166 % | £48,794 | £528,794 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Apr 2023 | £490,279 | £485,000 | 18 AINSLEY AVENUE |
| 6 Jan 2023 | £442,914 | £445,000 | 58 BURLINGTON AVENUE |
| 24 Jun 2022 | £557,884 | £550,000 | 51 CROW LANE |
| 30 May 2022 | £764,403 | £750,000 | 53A CROW LANE |
| 18 May 2022 | £540,178 | £530,000 | 52 CROW LANE |
This house has a floor area of 109 sq meters or 1,179 sq feet when measured on 11 May 2011. Using an estimated price of £588,847 means this house is valued at £5,373 per sq meter (£499 per sq foot).
The average size of a house on CROW LANE is 95 sq meters (1,029 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Bernard Road | |
| Jan 2024 | Anti-social behaviour | On or near Bernard Road | |
| Jan 2024 | Other theft | Under investigation | On or near Bernard Road |
| Jan 2024 | Anti-social behaviour | On or near Bernard Road | |
| Dec 2023 | Public order | Investigation complete; no suspect identified | On or near Bernard Road |