£220,365
This estimated value is based upon the latest sale price for the house of £165,000 on 17 Jun 2016. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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1 Collier Row Road, Romford, RM5 3NP
Phone: 01708573005
Price Paid | Date |
---|---|
£165,000 | 17 Jun 2016 |
£114,000 | 8 Apr 2005 |
£85,000 | 4 Jul 2003 |
£42,000 | 24 Jan 1997 |
Flats/Maisonettes |
Leasehold |
Floor Area: 36 sq meters or 387 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 June 2016 the House Price Index for GREATER LONDON was 111.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.555%.Applying this 33.555% change to the original purchase price of £165,000 results in an estimated price of approximately £220,365.
17 Jun 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.3 | 148.6 | 33.555 % | £165,000 | £55,365 | £220,365 |
The Postcode Pricing Model uses changes in average sales price within the RM7 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 | 59.832 % | £98,722 | £263,722 |
3 Month Average | 35.320 % | £58,278 | £223,278 |
6 Month Average | 29.831 % | £49,221 | £214,221 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Nov 2023 | £271,012 | £267,000 | FLAT 9 CALGARY COURT, 117 MARLBOROUGH ROAD |
25 Nov 2022 | £182,786 | £185,000 | 6 BISHOPS COURT |
9 Aug 2022 | £433,832 | £435,000 | 107 MARLBOROUGH ROAD |
24 Jun 2022 | £431,092 | £425,000 | 138 MARLBOROUGH ROAD |
22 Dec 2021 | £632,113 | £590,000 | 181 MARLBOROUGH ROAD |
This house has a floor area of 36 sq meters or 387 sq feet when measured on 8 Jun 2021. Using an estimated price of £220,366 means this house is valued at £6,121 per sq meter (£568 per sq foot).
The average size of a house on BLANDFORD CLOSE is 54 sq meters (583 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Marlborough Road |
Dec 2023 | Criminal damage and arson | Under investigation | On or near Marlborough Road |