£439,097
This estimated value is based upon the latest sale price for the house of £360,000 on 24 Jan 2020. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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54a Station Road, Romford, RM6 4BU
Phone: 02080222778
| Price Paid | Date |
|---|---|
| £360,000 | 24 Jan 2020 |
| Terraced |
| Freehold |
| Floor Area: 89 sq meters or 957 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 2020 the House Price Index for GREATER LONDON was 121.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 21.971%.Applying this 21.971% change to the original purchase price of £360,000 results in an estimated price of approximately £439,097.
| 24 Jan 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 148.6 | 21.971 % | £360,000 | £79,097 | £439,097 |
The Postcode Pricing Model uses changes in average sales price within the RM6 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 | 27.681 % | £99,649 | £459,649 |
| 3 Month Average | 7.907 % | £28,464 | £388,464 |
| 6 Month Average | -1.595 % | £-5,743 | £354,256 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Mar 2024 | £400,000 | £400,000 | 7 CEDAR PARK GARDENS |
| 27 Jun 2023 | £202,452 | £200,000 | 132 OVERTON DRIVE |
| 15 Mar 2023 | £270,044 | £267,500 | 152 OVERTON DRIVE |
| 8 Feb 2023 | £234,842 | £235,000 | 8 CEDAR PARK GARDENS |
| 2 Sep 2022 | £456,315 | £460,000 | 66 OVERTON DRIVE |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 2 May 2018. Using an estimated price of £439,097 means this house is valued at £4,933 per sq meter (£458 per sq foot).
The average size of a house on OVERTON DRIVE is 63 sq meters (685 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Chadwell Heath | |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Chadwell Heath |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Chadwell Heath |
| Apr 2024 | Public order | Under investigation | On or near Cedar Park Gardens |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cedar Park Gardens |