£367,860
This estimated value is based upon the latest sale price for the house of £285,000 on 30 Jun 2017. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There have been three burglaries within the last year on or near The Maltings
More crime details
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5 Old Mill Parade, Victoria Road, Romford, RM1 2HU
Phone: 01708573434
Price Paid | Date |
---|---|
£285,000 | 30 Jun 2017 |
£88,000 | 23 Aug 1999 |
Flats/Maisonettes |
Leasehold |
Floor Area: 58 sq meters or 624 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 2017 the House Price Index for GREATER LONDON was 116.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 29.074%.Applying this 29.074% change to the original purchase price of £285,000 results in an estimated price of approximately £367,860.
30 Jun 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
116.0 | 149.7 | 29.074 % | £285,000 | £82,860 | £367,860 |
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 | -0.258 % | £-736 | £284,263 |
3 Month Average | 26.131 % | £74,472 | £359,472 |
6 Month Average | 34.190 % | £97,440 | £382,440 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Oct 2022 | £727,570 | £730,000 | 330 SOUTH STREET |
31 Aug 2022 | £271,268 | £270,000 | FLAT 30 THE MALTINGS SOUTH STREET |
13 Jul 2022 | £454,555 | £450,000 | 257 SOUTH STREET |
19 Nov 2021 | £329,035 | £302,000 | 264B SOUTH STREET |
28 Sep 2021 | £754,471 | £695,000 | 2 DYMOKE ROAD |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 8 May 2017. Using an estimated price of £367,861 means this house is valued at £6,342 per sq meter (£589 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 | Burglary | Investigation complete; no suspect identified | On or near The Maltings |
Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near The Maltings |
Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near The Maltings |
Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Maltings |
Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Maltings |