£497,962
This estimated value is based upon the latest sale price for the house of £480,000 on 14 Apr 2022. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Head Office, Romford, RM7 0RR
Phone: 02045173976
| Price Paid | Date |
|---|---|
| £480,000 | 14 Apr 2022 |
| £430,000 | 9 Feb 2018 |
| £74,000 | 4 Aug 1995 |
| Terraced |
| Freehold |
| Floor Area: 114 sq meters or 1,227 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 April 2022 the House Price Index for GREATER LONDON was 144.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.742%.Applying this 3.742% change to the original purchase price of £480,000 results in an estimated price of approximately £497,962.
| 14 Apr 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 144.3 | 149.7 | 3.742 % | £480,000 | £17,962 | £497,962 |
The Postcode Pricing Model uses changes in average sales price within the RM12 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 | 22.720 % | £109,057 | £589,057 |
| 3 Month Average | 5.160 % | £24,765 | £504,765 |
| 6 Month Average | 3.574 % | £17,154 | £497,154 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Nov 2023 | £477,111 | £465,000 | 103 GRENFELL AVENUE |
| 7 Nov 2023 | £461,720 | £450,000 | 110 UPPER RAINHAM ROAD |
| 13 Oct 2023 | £483,481 | £472,500 | 122 GRENFELL AVENUE |
| 18 Sep 2023 | £455,031 | £445,000 | 65 GRENFELL AVENUE |
| 29 Aug 2023 | £692,490 | £680,000 | 87A UPPER RAINHAM ROAD |
This house has a floor area of 114 sq meters or 1,227 sq feet when measured on 21 Feb 2017. Using an estimated price of £497,963 means this house is valued at £4,368 per sq meter (£405 per sq foot).
The average size of a house on GRENFELL AVENUE is 80 sq meters (863 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Gordon Avenue |
| Apr 2024 | Vehicle crime | Under investigation | On or near Wren Gardens |
| Apr 2024 | Anti-social behaviour | On or near Grenfell Avenue | |
| Apr 2024 | Anti-social behaviour | On or near Grenfell Avenue | |
| Apr 2024 | Anti-social behaviour | On or near Grenfell Avenue |