£256,932
This estimated value is based upon the latest sale price for the house of £210,000 on 7 Feb 2020. 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 |
|---|---|
| £210,000 | 7 Feb 2020 |
| £150,995 | 30 Aug 2013 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 49 sq meters or 527 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 February 2020 the House Price Index for GREATER LONDON was 121.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.349%.Applying this 22.349% change to the original purchase price of £210,000 results in an estimated price of approximately £256,932.
| 7 Feb 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 148.6 | 22.349 % | £210,000 | £46,932 | £256,932 |
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 | 60.658 % | £127,381 | £337,381 |
| 3 Month Average | 13.422 % | £28,185 | £238,185 |
| 6 Month Average | 11.191 % | £23,501 | £233,501 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Dec 2023 | £376,589 | £370,000 | FLAT 3 PULSE COURT MAXWELL ROAD |
| 25 Sep 2023 | £216,772 | £214,000 | FLAT 32 PULSE COURT MAXWELL ROAD |
| 27 Jul 2023 | £304,093 | £300,000 | FLAT 34 WAVE COURT MAXWELL ROAD |
| 30 Mar 2023 | £292,758 | £290,000 | FLAT 51 PULSE COURT MAXWELL ROAD |
| 24 Feb 2023 | £229,845 | £230,000 | FLAT 11 PULSE COURT MAXWELL ROAD |
This house has a floor area of 49 sq meters or 527 sq feet when measured on 17 May 2013. Using an estimated price of £256,933 means this house is valued at £5,243 per sq meter (£487 per sq foot).
The average size of a house on MAXWELL ROAD is 58 sq meters (628 sq feet).