£621,705
This estimated value is based upon the latest sale price for the house of £435,000 on 4 Sep 2015. 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 |
|---|---|
| £435,000 | 4 Sep 2015 |
| £450,000 | 30 Oct 2007 |
| Detached |
| Freehold |
| Floor Area: 129 sq meters or 1,395 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 September 2015 the House Price Index for GREATER LONDON was 104.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 42.921%.Applying this 42.921% change to the original purchase price of £435,000 results in an estimated price of approximately £621,705.
| 4 Sep 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.7 | 149.7 | 42.921 % | £435,000 | £186,705 | £621,705 |
The Postcode Pricing Model uses changes in average sales price within the RM1 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 | 41.616 % | £181,027 | £616,027 |
| 3 Month Average | 47.958 % | £208,616 | £643,616 |
| 6 Month Average | 42.201 % | £183,573 | £618,573 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Aug 2024 | £518,500 | £518,500 | 82 SEYMER ROAD |
| 14 Dec 2023 | £526,168 | £510,000 | 30 DORSET AVENUE |
| 26 Jun 2023 | £530,634 | £520,000 | 2A DORSET AVENUE |
| 16 Jun 2023 | £469,407 | £460,000 | 34 SEYMER ROAD |
| 20 Jan 2023 | £436,165 | £435,000 | 78 SEYMER ROAD |
This house has a floor area of 129 sq meters or 1,395 sq feet when measured on 13 Nov 2008. Using an estimated price of £621,705 means this house is valued at £4,794 per sq meter (£445 per sq foot).
The average size of a house on DORSET AVENUE is 103 sq meters (1,116 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Vehicle crime | Under investigation | On or near Dorset Avenue |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Dorset Avenue |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Dorset Avenue |
| Oct 2024 | Other theft | Under investigation | On or near Seymer Road |
| Oct 2024 | Vehicle crime | Under investigation | On or near Seymer Road |