£477,210
This estimated value is based upon the latest sale price for the house of £200,000 on 30 May 2003. 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 |
|---|---|
| £200,000 | 30 May 2003 |
| Flats/Maisonettes |
| Leasehold |
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 May 2003 the House Price Index for GREATER LONDON was 62.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 138.605%.Applying this 138.605% change to the original purchase price of £200,000 results in an estimated price of approximately £477,210.
| 30 May 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 62.7 | 149.7 | 138.605 % | £200,000 | £277,210 | £477,210 |
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 | 126.185 % | £252,369 | £452,369 |
| 3 Month Average | 140.335 % | £280,670 | £480,670 |
| 6 Month Average | 130.174 % | £260,348 | £460,348 |
| 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 |
| 14 Jun 2023 | £5,586,963 | £5,475,000 | COMMERCIAL UNION HOUSE EASTERN ROAD |
| 13 Jun 2023 | £1,275,562 | £1,250,000 | 44 VICTORIA ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near A1251 |