£261,666
This estimated value is based upon the latest sale price for the house of £170,000 on 7 Jul 2014. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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132 South Street, Romford, RM1 1TE
Phone: 01708573581
Price Paid | Date |
---|---|
£170,000 | 7 Jul 2014 |
Flats/Maisonettes |
Leasehold |
Floor Area: 61 sq meters or 656 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 July 2014 the House Price Index for GREATER LONDON was 97.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 53.921%.Applying this 53.921% change to the original purchase price of £170,000 results in an estimated price of approximately £261,666.
7 Jul 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
97.3 | 149.7 | 53.921 % | £170,000 | £91,666 | £261,666 |
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 | 76.082 % | £129,340 | £299,340 |
3 Month Average | 92.135 % | £156,628 | £326,628 |
6 Month Average | 65.931 % | £112,082 | £282,082 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Mar 2024 | £2,259,718 | £2,225,000 | 13 BRIDGE CLOSE |
10 Nov 2023 | £359,116 | £350,000 | 6 ATLANTA BOULEVARD |
10 Nov 2023 | £297,553 | £290,000 | FLAT 74 CHARRINGTON COURT ATLANTA BOULEVARD |
28 Apr 2023 | £173,240 | £170,000 | FLAT 13 WELLS COURT REGARTH AVENUE |
14 Mar 2023 | £518,662 | £510,000 | BRIDGE HOUSE, 1 BRIDGE CLOSE |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 22 Dec 2013. Using an estimated price of £261,667 means this house is valued at £4,289 per sq meter (£398 per sq foot).
The average size of a house on ATLANTA BOULEVARD is 67 sq meters (729 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Anti-social behaviour | On or near Bus/Coach Station | |
Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Bus/Coach Station |
Oct 2024 | Anti-social behaviour | On or near Bus/Coach Station | |
Oct 2024 | Anti-social behaviour | On or near Bus/Coach Station | |
Oct 2024 | Anti-social behaviour | On or near Bus/Coach Station |