£463,235
This estimated value is based upon the latest sale price for the house of £319,000 on 12 Jun 2015. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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1 Collier Row Road, Romford, RM5 3NP
Phone: 01708573005
Price Paid | Date |
---|---|
£319,000 | 12 Jun 2015 |
£244,000 | 9 Nov 2007 |
£179,000 | 1 Mar 2005 |
£68,000 | 18 Jan 2002 |
Semi-Detached |
Freehold |
Floor Area: 92 sq meters or 990 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 June 2015 the House Price Index for GREATER LONDON was 102.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.215%.Applying this 45.215% change to the original purchase price of £319,000 results in an estimated price of approximately £463,235.
12 Jun 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
102.3 | 148.6 | 45.215 % | £319,000 | £144,235 | £463,235 |
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 | 88.906 % | £283,611 | £602,611 |
3 Month Average | 52.006 % | £165,899 | £484,899 |
6 Month Average | 48.537 % | £154,831 | £473,831 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Aug 2023 | £464,060 | £460,000 | 17 ABBOTTS CLOSE |
30 Jun 2023 | £438,309 | £433,000 | 78 BIRCH ROAD |
18 Apr 2023 | £382,114 | £378,000 | 47 BIRCH ROAD |
13 Feb 2023 | £464,687 | £465,000 | 12 ABBOTTS CLOSE |
22 Jul 2022 | £561,512 | £560,000 | 14 ABBOTTS CLOSE |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 5 Dec 2014. Using an estimated price of £463,236 means this house is valued at £5,035 per sq meter (£467 per sq foot).
The average size of a house on BIRCH ROAD is 87 sq meters (942 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Other theft | Under investigation | On or near Abbotts Close |
Dec 2023 | Anti-social behaviour | On or near Abbotts Close | |
Dec 2023 | Anti-social behaviour | On or near Abbotts Close | |
Dec 2023 | Anti-social behaviour | On or near Abbotts Close | |
Dec 2023 | Anti-social behaviour | On or near Abbotts Close |