£253,096
This estimated value is based upon the latest sale price for the house of £186,000 on 18 Mar 2016. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Queens Court, 9-17 Eastern Road, Romford, RM1 3NH
Phone: 02036414519
| Price Paid | Date |
|---|---|
| £186,000 | 18 Mar 2016 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 73 sq meters or 785 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 March 2016 the House Price Index for GREATER LONDON was 110.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 36.074%.Applying this 36.074% change to the original purchase price of £186,000 results in an estimated price of approximately £253,096.
| 18 Mar 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 149.7 | 36.074 % | £186,000 | £67,096 | £253,096 |
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 | 31.516 % | £58,619 | £244,619 |
| 3 Month Average | 50.687 % | £94,277 | £280,277 |
| 6 Month Average | 40.488 % | £75,307 | £261,307 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £247,609 | £240,000 | 37 MONKWOOD CLOSE |
| 29 Jun 2023 | £204,090 | £200,000 | FLAT 1 JULIA HOUSE, 224 VICTORIA ROAD |
| 28 Nov 2022 | £268,743 | £270,000 | FLAT 1 VICTORIA COURT VICTORIA ROAD |
| 30 Jun 2022 | £265,679 | £260,000 | 29 MONKWOOD CLOSE |
| 14 Apr 2022 | £228,233 | £220,000 | 2 MONKWOOD CLOSE |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 6 Mar 2014. Using an estimated price of £253,097 means this house is valued at £3,467 per sq meter (£322 per sq foot).
The average size of a house on VICTORIA ROAD is 69 sq meters (749 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Monkwood Close |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Monkwood Close |
| Sep 2024 | Anti-social behaviour | On or near Monkwood Close | |
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Monkwood Close |
| Sep 2024 | Anti-social behaviour | On or near Monkwood Close |