£566,448
This estimated value is based upon the latest sale price for the house of £485,000 on 16 Nov 2020. 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 |
|---|---|
| £485,000 | 16 Nov 2020 |
| £288,500 | 16 Feb 2012 |
| £277,000 | 5 Jun 2010 |
| £277,000 | 5 Jun 2009 |
| £231,500 | 19 Apr 2006 |
| £75,000 | 20 Aug 1997 |
| Terraced |
| Freehold |
| Floor Area: 120 sq meters or 1,291 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 November 2020 the House Price Index for GREATER LONDON was 128.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 16.794%.Applying this 16.794% change to the original purchase price of £485,000 results in an estimated price of approximately £566,448.
| 16 Nov 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 149.7 | 16.794 % | £485,000 | £81,448 | £566,448 |
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 | -3.832 % | £-18,586 | £466,413 |
| 3 Month Average | 22.603 % | £109,626 | £594,626 |
| 6 Month Average | 6.973 % | £33,817 | £518,817 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Aug 2024 | £518,500 | £518,500 | 82 SEYMER ROAD |
| 8 Dec 2023 | £658,226 | £638,000 | 111 SEYMER ROAD |
| 16 Jun 2023 | £469,407 | £460,000 | 34 SEYMER ROAD |
| 20 Jan 2023 | £436,165 | £435,000 | 78 SEYMER ROAD |
| 25 Oct 2022 | £456,475 | £458,000 | 17 SEYMER ROAD |
This house has a floor area of 120 sq meters or 1,291 sq feet when measured on 15 Nov 2019. Using an estimated price of £566,449 means this house is valued at £4,720 per sq meter (£438 per sq foot).
The average size of a house on SEYMER ROAD is 90 sq meters (973 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Vehicle crime | Under investigation | On or near Seymer Road |
| Oct 2024 | Other theft | Under investigation | On or near Seymer Road |
| Sep 2024 | Anti-social behaviour | On or near Seymer Road | |
| Sep 2024 | Anti-social behaviour | On or near Seymer Road | |
| Sep 2024 | Anti-social behaviour | On or near Seymer Road |