£314,510
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 Mar 2024 is 148.6 which is a change of 23.337%.Applying this 23.337% change to the original purchase price of £255,000 results in an estimated price of approximately £314,510.
| 15 Jul 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.337 % | £255,000 | £59,510 | £314,510 |
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 | -63.821 % | £-162,742 | £92,257 |
| 3 Month Average | 12.019 % | £30,648 | £285,648 |
| 6 Month Average | 10.907 % | £27,811 | £282,811 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Apr 2023 | £505 | £500 | 5 WESTERN ROAD |
| 8 Jun 2022 | £319,515 | £315,000 | FLAT 30 HALYARDS COURT, 12 WESTERN ROAD |
| 16 Nov 2020 | £927,483 | £800,000 | 8 HOLGATE COURT |
| 22 Jun 2020 | £460,186 | £380,000 | FLAT 85 SCIMITAR HOUSE, 23 EASTERN ROAD |
| 6 Nov 2019 | £3,924,626 | £3,200,000 | 105 - 111 SOUTH STREET |
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 £314,511 means this house is valued at £5,517 per sq meter (£512 per sq foot).
The average size of a house on WESTERN ROAD is 60 sq meters (651 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Under investigation | On or near Slaney Road |
| Dec 2023 | Robbery | Investigation complete; no suspect identified | On or near Slaney Road |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Slaney Road |
| Dec 2023 | Drugs | Local resolution | On or near Slaney Road |
| Dec 2023 | Theft from the person | Investigation complete; no suspect identified | On or near Slaney Road |