£377,310
This estimated value is based upon the latest sale price for the house of £220,000 on 17 Feb 2012. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Meadow Road
More crime details
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55 Laurel Crescent, Romford, RM7 0RU
Phone: 01708573981
Price Paid | Date |
---|---|
£220,000 | 17 Feb 2012 |
Semi-Detached |
Freehold |
Floor Area: 109 sq meters or 1,182 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 February 2012 the House Price Index for GREATER LONDON was 86.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.505%.Applying this 71.505% change to the original purchase price of £220,000 results in an estimated price of approximately £377,310.
17 Feb 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.6 | 148.6 | 71.505 % | £220,000 | £157,310 | £377,310 |
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 | 160.688 % | £353,514 | £573,514 |
3 Month Average | 99.055 % | £217,921 | £437,921 |
6 Month Average | 86.275 % | £189,805 | £409,805 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Nov 2023 | £385,710 | £380,000 | 12 BELLHOUSE ROAD |
29 Mar 2023 | £312,948 | £310,000 | 48 MEADOW ROAD |
9 Sep 2022 | £421,595 | £425,000 | 86 BELLHOUSE ROAD |
1 Jul 2022 | £376,012 | £375,000 | 61 BELLHOUSE ROAD |
15 Oct 2021 | £376,203 | £340,000 | 24 BELLHOUSE ROAD |
This house has a floor area of 109 sq meters or 1,182 sq feet when measured on 3 Mar 2011. Using an estimated price of £377,310 means this house is valued at £3,434 per sq meter (£319 per sq foot).
The average size of a house on MEADOW ROAD is 90 sq meters (975 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Meadow Road |