£519,107
This estimated value is based upon the latest sale price for the house of £325,000 on 31 Jan 2014. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Queens Court, 9-17 Eastern Road, Romford, RM1 3NH
Phone: 02036414519
Price Paid | Date |
---|---|
£325,000 | 31 Jan 2014 |
Semi-Detached |
Freehold |
Floor Area: 83 sq meters or 893 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 January 2014 the House Price Index for GREATER LONDON was 93.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 59.725%.Applying this 59.725% change to the original purchase price of £325,000 results in an estimated price of approximately £519,107.
31 Jan 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
93.0 | 148.6 | 59.725 % | £325,000 | £194,107 | £519,107 |
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 | -49.075 % | £-159,492 | £165,507 |
3 Month Average | 66.285 % | £215,426 | £540,426 |
6 Month Average | 65.976 % | £214,423 | £539,423 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Jul 2023 | £628,458 | £620,000 | 75 PETTITS LANE |
16 Jun 2023 | £1,027,446 | £1,015,000 | 7 OAKLANDS AVENUE |
22 Jul 2022 | £752,024 | £750,000 | 15 WAYSIDE CLOSE |
29 Jun 2022 | £623,816 | £615,000 | 14 SYDENHAM CLOSE |
26 Apr 2022 | £554,032 | £538,000 | 7 WOODLANDS ROAD |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 25 Jul 2013.
The average size of a house on WOODLANDS ROAD is 122 sq meters (1,314 sq feet).
This house is the smallest in the street with a floor area of 83 sq meters (893 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Woodlands Road |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Brockton Close |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Sydenham Close |
Jan 2024 | Public order | Under investigation | On or near Petrol Station |
Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Petrol Station |