£586,958
This estimated value is based upon the latest sale price for the house of £184,000 on 3 Dec 2001. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Hearn Road
More crime details
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5 Old Mill Parade, Victoria Road, Romford, RM1 2HU
Phone: 01708573434
| Price Paid | Date |
|---|---|
| £184,000 | 3 Dec 2001 |
| Semi-Detached |
| 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 December 2001 the House Price Index for GREATER LONDON was 46.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 218.999%.Applying this 218.999% change to the original purchase price of £184,000 results in an estimated price of approximately £586,958.
| 3 Dec 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 46.9 | 149.7 | 218.999 % | £184,000 | £402,958 | £586,958 |
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 | 211.121 % | £388,461 | £572,461 |
| 3 Month Average | 229.076 % | £421,499 | £605,499 |
| 6 Month Average | 200.944 % | £369,736 | £553,736 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Jun 2024 | £480,000 | £480,000 | 64 VICTORIA ROAD |
| 19 Apr 2024 | £11,600,741 | £11,500,000 | 29 - 33 VICTORIA ROAD |
| 20 Mar 2024 | £482,412 | £475,000 | 11 KING EDWARD ROAD |
| 23 Jun 2023 | £180,620 | £177,000 | FLAT 12A VICTORIA HOUSE VICTORIA ROAD |
| 13 Jun 2023 | £1,275,562 | £1,250,000 | 44 VICTORIA ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Drugs | Local resolution | On or near Hearn Road |
| Oct 2024 | Anti-social behaviour | On or near Hearn Road | |
| Oct 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Hearn Road |
| Sep 2024 | Burglary | Under investigation | On or near Hearn Road |
| Jul 2024 | Anti-social behaviour | On or near Hearn Road |