£433,849
This estimated value is based upon the latest sale price for the house of £248,000 on 31 Oct 2008. 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 |
|---|---|
| £248,000 | 31 Oct 2008 |
| £97,500 | 5 Apr 2001 |
| £78,000 | 23 Nov 1998 |
| £80,000 | 5 Aug 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 177 sq meters or 1,905 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 October 2008 the House Price Index for GREATER LONDON was 84.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 74.939%.Applying this 74.939% change to the original purchase price of £248,000 results in an estimated price of approximately £433,849.
| 31 Oct 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 84.9 | 148.6 | 74.939 % | £248,000 | £185,849 | £433,849 |
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 | 152.344 % | £377,812 | £625,812 |
| 3 Month Average | 79.259 % | £196,563 | £444,563 |
| 6 Month Average | 77.678 % | £192,642 | £440,642 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Aug 2023 | £398,486 | £395,000 | 6 VINE STREET |
| 21 Jun 2023 | £301,654 | £298,000 | 23 BEECH STREET |
| 15 Mar 2023 | £539,079 | £534,000 | 9 BEECH STREET |
| 23 Feb 2023 | £209,859 | £210,000 | 2 QUEENSIDE COURT MAWNEY ROAD |
| 23 Jan 2023 | £205,034 | £206,000 | 3 QUEENSIDE COURT MAWNEY ROAD |
This house has a floor area of 177 sq meters or 1,905 sq feet when measured on 20 Dec 2021. Using an estimated price of £433,849 means this house is valued at £2,451 per sq meter (£227 per sq foot).
The average size of a house on MAWNEY ROAD is 89 sq meters (959 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Robbery | Investigation complete; no suspect identified | On or near Vine Street |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Vine Street |
| Jan 2024 | Anti-social behaviour | On or near Beech Street | |
| Jan 2024 | Anti-social behaviour | On or near Beech Street | |
| Jan 2024 | Anti-social behaviour | On or near Beech Street |