£316,838
This estimated value is based upon the latest sale price for the house of £255,000 on 15 Jul 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Queens Court, 9-17 Eastern Road, Romford, RM1 3NH
Phone: 02036414519
Price Paid | Date |
---|---|
£255,000 | 15 Jul 2019 |
£194,444 | 18 Dec 2007 |
Flats/Maisonettes |
Leasehold |
Floor Area: 57 sq meters or 613 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 2019 the House Price Index for GREATER LONDON was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.250%.Applying this 24.250% change to the original purchase price of £255,000 results in an estimated price of approximately £316,838.
15 Jul 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.5 | 149.7 | 24.250 % | £255,000 | £61,838 | £316,838 |
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 | 9.538 % | £24,321 | £279,321 |
3 Month Average | 23.656 % | £60,322 | £315,322 |
6 Month Average | 12.291 % | £31,341 | £286,341 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
16 Apr 2024 | £226,971 | £225,000 | FLAT 8 WESTERN COURT CHANDLERS WAY |
28 Apr 2023 | £510 | £500 | 5 WESTERN ROAD |
8 Jun 2022 | £321,881 | £315,000 | FLAT 30 HALYARDS COURT, 12 WESTERN ROAD |
1 Dec 2021 | £234,210 | £217,000 | FLAT 3 WESTERN COURT CHANDLERS WAY |
16 Nov 2020 | £934,348 | £800,000 | 8 HOLGATE COURT |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 6 Oct 2017. Using an estimated price of £316,839 means this house is valued at £5,558 per sq meter (£516 per sq foot).
The average size of a house on WESTERN ROAD is 60 sq meters (651 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Slaney Road |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Slaney Road |
Sep 2024 | Violence and sexual offences | Under investigation | On or near Slaney Road |
Sep 2024 | Anti-social behaviour | On or near Slaney Road | |
Sep 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Slaney Road |