£398,607
This estimated value is based upon the latest sale price for the house of £230,000 on 23 Jun 2011. 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 Oak Street
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116 North Street, Romford, RM1 1DL
Phone: 01708573629
Price Paid | Date |
---|---|
£230,000 | 23 Jun 2011 |
£87,500 | 25 Aug 1998 |
£58,000 | 25 Oct 1996 |
Terraced |
Freehold |
Floor Area: 124 sq meters or 1,335 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 2011 the House Price Index for GREATER LONDON was 85.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 73.308%.Applying this 73.308% change to the original purchase price of £230,000 results in an estimated price of approximately £398,607.
23 Jun 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
85.7 | 148.6 | 73.308 % | £230,000 | £168,607 | £398,607 |
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 | 157.078 % | £361,278 | £591,278 |
3 Month Average | 92.453 % | £212,641 | £442,641 |
6 Month Average | 85.349 % | £196,302 | £426,302 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Jan 2023 | £582,257 | £585,000 | 134 MILDMAY ROAD |
11 Nov 2022 | £434,734 | £440,000 | 13 OAK STREET |
18 Mar 2022 | £207,252 | £200,000 | 38 HOLLAND CLOSE |
21 Dec 2021 | £262,487 | £245,000 | 4 WINGROVE COURT OAK STREET |
30 Sep 2021 | £210,131 | £195,000 | 12 HOLLAND CLOSE |
This house has a floor area of 124 sq meters or 1,335 sq feet when measured on 19 Jul 2010. Using an estimated price of £398,608 means this house is valued at £3,212 per sq meter (£298 per sq foot).
The average size of a house on MILDMAY ROAD is 93 sq meters (1,002 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Anti-social behaviour | On or near Oak Street | |
Jan 2024 | Anti-social behaviour | On or near Oak Street | |
Jan 2024 | Anti-social behaviour | On or near Oak Street | |
Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Oak Street |
Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Oak Street |