£4,910,466
This estimated value is based upon the latest sale price for the house of £3,984,000 on 1 Feb 2020. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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5-6 Station Chambers, Victoria Road, Romford, RM1 2HS
Phone: 01708629412
| Price Paid | Date |
|---|---|
| £3,984,000 | 1 Feb 2020 |
| £3,104,000 | 23 Jun 2017 |
| Freehold |
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 February 2020 the House Price Index for GREATER LONDON was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.255%.Applying this 23.255% change to the original purchase price of £3,984,000 results in an estimated price of approximately £4,910,466.
| 1 Feb 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 149.7 | 23.255 % | £3,984,000 | £926,466 | £4,910,466 |
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 | 4.289 % | £170,874 | £4,154,874 |
| 3 Month Average | 13.931 % | £555,028 | £4,539,028 |
| 6 Month Average | 9.411 % | £374,917 | £4,358,917 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Aug 2023 | £285,143 | £280,000 | FLAT 1 BURNSIDE COURT, 229 - 239 SOUTH STREET |
| 13 Jul 2022 | £454,555 | £450,000 | 257 SOUTH STREET |
| 20 Jun 2022 | £286,116 | £280,000 | FLAT 7 BURNSIDE COURT, 229 - 239 SOUTH STREET |
| 1 Mar 2022 | £162,854 | £156,000 | FLAT 2 GIBSON COURT REGARTH AVENUE |
| 19 Nov 2021 | £329,035 | £302,000 | 264B SOUTH STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near South Street |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Gloucester Road |
| Sep 2024 | Public order | Investigation complete; no suspect identified | On or near Gloucester Road |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Gloucester Road |