£180,051
This estimated value is based upon the latest sale price for the house of £105,000 on 25 Jul 2012. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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5 Old Mill Parade, Victoria Road, Romford, RM1 2HU
Phone: 01708573434
| Price Paid | Date |
|---|---|
| £105,000 | 25 Jul 2012 |
| £125,000 | 17 Oct 2008 |
| £75,000 | 15 Mar 2002 |
| £44,000 | 12 Dec 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 51 sq meters or 550 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 2012 the House Price Index for GREATER LONDON was 87.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.478%.Applying this 71.478% change to the original purchase price of £105,000 results in an estimated price of approximately £180,051.
| 25 Jul 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 149.7 | 71.478 % | £105,000 | £75,051 | £180,051 |
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 | 79.609 % | £83,589 | £188,589 |
| 3 Month Average | 96.190 % | £100,999 | £205,999 |
| 6 Month Average | 78.836 % | £82,777 | £187,777 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Jun 2024 | £480,000 | £480,000 | 64 VICTORIA ROAD |
| 17 Nov 2023 | £41,042 | £40,000 | UNIT 1-2 14 VICTORIA ROAD |
| 23 Jun 2023 | £180,620 | £177,000 | FLAT 12A VICTORIA HOUSE VICTORIA ROAD |
| 13 Jun 2023 | £1,275,562 | £1,250,000 | 44 VICTORIA ROAD |
| 28 Feb 2023 | £206,379 | £205,000 | FLAT 19 PORTMAN HOUSE, 16 - 20 VICTORIA ROAD |
This house has a floor area of 51 sq meters or 550 sq feet when measured on 7 Feb 2012. Using an estimated price of £180,052 means this house is valued at £3,520 per sq meter (£327 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 | Violence and sexual offences | Under investigation | On or near Alexandra Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Alexandra Road |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Alexandra Road |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Alexandra Road |
| Aug 2024 | Vehicle crime | Unable to prosecute suspect | On or near Alexandra Road |