£278,545
This estimated value is based upon the latest sale price for the house of £166,500 on 23 Aug 2010. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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54a Station Road, Romford, RM6 4BU
Phone: 02080222778
| Price Paid | Date |
|---|---|
| £166,500 | 23 Aug 2010 |
| £113,000 | 16 Aug 2002 |
| Terraced |
| Freehold |
| Floor Area: 47 sq meters or 513 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 2010 the House Price Index for GREATER LONDON was 87.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 67.294%.Applying this 67.294% change to the original purchase price of £166,500 results in an estimated price of approximately £278,545.
| 23 Aug 2010 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.7 | 146.7 | 67.294 % | £166,500 | £112,045 | £278,545 |
The Postcode Pricing Model uses changes in average sales price within the RM8 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 | 17.836 % | £29,697 | £196,197 |
| 3 Month Average | 97.088 % | £161,651 | £328,151 |
| 6 Month Average | 107.616 % | £179,181 | £345,681 |
This house has a floor area of 47 sq meters or 513 sq feet when measured on 3 Nov 2009.
The average size of a house on SCOTTES LANE is 71 sq meters (768 sq feet).
This house is the largest in the street with a floor area of 47 sq meters (513 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Scottes Lane |
| Dec 2023 | Theft from the person | Investigation complete; no suspect identified | On or near Scottes Lane |
| Jan 2024 | Anti-social behaviour | On or near Garner Close | |
| Jan 2024 | Anti-social behaviour | On or near Garner Close | |
| Jan 2024 | Anti-social behaviour | On or near Garner Close |