£279,807
This estimated value is based upon the latest sale price for the house of £163,995 on 26 Apr 2012. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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132 South Street, Romford, RM1 1TE
Phone: 01708573581
| Price Paid | Date |
|---|---|
| £163,995 | 26 Apr 2012 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 69 sq meters or 750 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 April 2012 the House Price Index for GREATER LONDON was 87.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.620%.Applying this 70.620% change to the original purchase price of £163,995 results in an estimated price of approximately £279,807.
| 26 Apr 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.1 | 148.6 | 70.620 % | £163,995 | £115,812 | £279,807 |
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 | 182.511 % | £299,308 | £463,303 |
| 3 Month Average | 106.302 % | £174,329 | £338,324 |
| 6 Month Average | 97.140 % | £159,304 | £323,299 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Sep 2023 | £232,979 | £230,000 | FLAT 22 ARC COURT MAXWELL ROAD |
| 27 Jul 2023 | £304,093 | £300,000 | FLAT 34 WAVE COURT MAXWELL ROAD |
| 30 Aug 2022 | £329,114 | £330,000 | FLAT 68 WAVE COURT MAXWELL ROAD |
| 26 Apr 2022 | £325,417 | £316,000 | FLAT 65 WAVE COURT MAXWELL ROAD |
| 18 Mar 2022 | £227,978 | £220,000 | FLAT 61 WAVE COURT MAXWELL ROAD |
This house has a floor area of 69 sq meters or 750 sq feet when measured on 11 May 2011. Using an estimated price of £279,808 means this house is valued at £4,012 per sq meter (£372 per sq foot).
The average size of a house on MAXWELL ROAD is 58 sq meters (628 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Maxwell Road | |
| Jan 2024 | Anti-social behaviour | On or near Maxwell Road | |
| Jan 2024 | Anti-social behaviour | On or near Maxwell Road | |
| Jan 2024 | Anti-social behaviour | On or near Maxwell Road | |
| Jan 2024 | Anti-social behaviour | On or near Maxwell Road |