£23,434
This estimated value is based upon the latest sale price for the house of £19,000 on 12 Jul 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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116 North Street, Romford, RM1 1DL
Phone: 01708573629
| Price Paid | Date |
|---|---|
| £19,000 | 12 Jul 2019 |
| £207,500 | 20 Jul 2018 |
| £125,000 | 20 Dec 2012 |
| £126,000 | 18 Dec 2009 |
| £118,000 | 29 Apr 2005 |
| £47,500 | 27 Apr 1998 |
| Leasehold |
| Floor Area: 38 sq meters or 412 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 July 2019 the House Price Index for GREATER LONDON was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.337%.Applying this 23.337% change to the original purchase price of £19,000 results in an estimated price of approximately £23,434.
| 12 Jul 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.337 % | £19,000 | £4,434 | £23,434 |
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 | 55.842 % | £10,609 | £29,609 |
| 3 Month Average | 18.134 % | £3,445 | £22,445 |
| 6 Month Average | 15.578 % | £2,959 | £21,959 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Jun 2023 | £328,985 | £325,000 | FLAT 8 HEYBRIDGE COURT, 92 LONDON ROAD |
| 25 Aug 2022 | £209,436 | £210,000 | FLAT 8 DALWOOD HOUSE, 73 LONDON ROAD |
| 6 Jul 2022 | £200,540 | £200,000 | FLAT 8 VERITY HOUSE COTLEIGH ROAD |
| 1 Jul 2022 | £225,607 | £225,000 | FLAT 2 VERITY HOUSE COTLEIGH ROAD |
| 20 Jan 2022 | £438,854 | £417,000 | 17 HONITON ROAD |
This house has a floor area of 38 sq meters or 412 sq feet when measured on 23 Jun 2009. Using an estimated price of £23,434 means this house is valued at £612 per sq meter (£56 per sq foot).
The average size of a house on COTLEIGH ROAD is 70 sq meters (758 sq feet).
This house is the smallest in the street with a floor area of 38 sq meters (412 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Larkspur Mews | |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Larkspur Mews |
| Jan 2024 | Anti-social behaviour | On or near Larkspur Mews | |
| Jan 2024 | Anti-social behaviour | On or near Honiton Road | |
| Jan 2024 | Anti-social behaviour | On or near Honiton Road |