£216,141
This estimated value is based upon the latest sale price for the house of £138,000 on 25 Oct 2007. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near South Street
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5 Old Mill Parade, Victoria Road, Romford, RM1 2HU
Phone: 01708573434
| Price Paid | Date |
|---|---|
| £138,000 | 25 Oct 2007 |
| £41,995 | 12 Dec 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 October 2007 the House Price Index for GREATER LONDON was 95.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 56.624%.Applying this 56.624% change to the original purchase price of £138,000 results in an estimated price of approximately £216,141.
| 25 Oct 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.6 | 149.7 | 56.624 % | £138,000 | £78,141 | £216,141 |
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 | 70.995 % | £97,973 | £235,973 |
| 3 Month Average | 83.095 % | £114,670 | £252,670 |
| 6 Month Average | 75.621 % | £104,356 | £242,356 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Oct 2023 | £205,671 | £201,000 | 27 FRAZER CLOSE |
| 25 Aug 2023 | £193,490 | £190,000 | 34 FRAZER CLOSE |
| 29 Jun 2023 | £456,141 | £447,000 | FLAT 3 MILBANK COURT, 279 SOUTH STREET |
| 6 Jan 2023 | £210,563 | £210,000 | 30 FRAZER CLOSE |
| 28 Oct 2022 | £727,570 | £730,000 | 330 SOUTH STREET |
This house has a floor area of 36 sq meters or 387 sq feet when measured on 8 Jan 2021. Using an estimated price of £216,141 means this house is valued at £6,003 per sq meter (£557 per sq foot).
The average size of a house on SOUTH STREET is 67 sq meters (727 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Drugs | Under investigation | On or near South Street |
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near South Street |
| Sep 2024 | Drugs | Awaiting court outcome | On or near South Street |
| Aug 2024 | Possession of weapons | Under investigation | On or near South Street |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near South Street |