£280,992
This estimated value is based upon the latest sale price for the house of £49,500 on 23 Jun 1995. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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619 Romford Road, London, E12 5AD
Phone: 02036413360
| Price Paid | Date |
|---|---|
| £49,500 | 23 Jun 1995 |
| Terraced |
| Freehold |
| Floor Area: 85 sq meters or 914 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 1995 the House Price Index for GREATER LONDON was 26.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 467.662%.Applying this 467.662% change to the original purchase price of £49,500 results in an estimated price of approximately £280,992.
| 23 Jun 1995 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.4 | 149.7 | 467.662 % | £49,500 | £231,492 | £280,992 |
The Postcode Pricing Model uses changes in average sales price within the E12 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 | 459.021 % | £227,215 | £276,715 |
| 3 Month Average | 526.024 % | £260,381 | £309,881 |
| 6 Month Average | 565.836 % | £280,089 | £329,589 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £472,256 | £465,000 | 272 SHERRARD ROAD |
| 27 Jul 2022 | £252,530 | £250,000 | 316 SHERRARD ROAD |
| 27 Jul 2022 | £263,642 | £261,000 | 194 HALLEY ROAD |
| 21 Aug 2020 | £501,296 | £415,000 | 265 SHERRARD ROAD |
| 13 Sep 2019 | £469,698 | £380,000 | 247 SHERRARD ROAD |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 19 Aug 2020. Using an estimated price of £280,993 means this house is valued at £3,305 per sq meter (£307 per sq foot).
The average size of a house on SHERRARD ROAD is 83 sq meters (898 sq feet).