171, MARKS ROAD, ROMFORD, RM7 7AF - £292,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

171 MARKS ROAD is a very small extended terraced house of 67m², built sometime before 1900, which could now be worth an estimated £420,876. It was last sold for £292,500 in November 2015, which was around 1% below the average November 2015 terraced price in the Havering local authority area. The most recent EPC inspection was October 2015, where the current energy rating was C, and the potential energy rating was B.

171 MARKS ROAD Sold Prices

Land registry data shows three sales for 171 MARKS ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Havering local authority area for the corresponding sale date. All of the three 171 MARKS ROAD sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2015 13 NOV	£292,500	£296,674	1% below HPI
2008 17 JUN	£205,000	£221,319	7% below HPI
2000 11 AUG	£87,500	£101,549	14% below HPI

171 MARKS ROAD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Havering local authority area over time, sourced from the HPI. The three 171 MARKS ROAD sales between August 2000 and November 2015 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the June 2008 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the November 2015 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 171 MARKS ROAD be worth now?

171 MARKS ROAD might now be worth an estimated £420,876.

This is based on house price inflation of 43.9%, between November 2015 and June 2025, for terraced houses, in the Havering local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 43.9% inflationary increase is applied to the most recent sale price for 171 MARKS ROAD of £292,500 on 13th November 2015. For the value to have increased from £292,500 to £420,876 over the ten years and five months to June 2025, the following assumptions must hold true:

• The value of 171 MARKS ROAD has moved in line with the HPI for terraced houses in the Havering local authority area.
• The November 2015 sale price of £292,500 represented a fair market value for the property.
• The size, condition, and specification of 171 MARKS ROAD has not materially changed since November 2015.

How Large is 171 MARKS ROAD?

171 MARKS ROAD is 67m², which includes one extension, according to the EPC inspection conducted in October 2015. This puts it in the smallest 10% of terraced houses houses in Romford, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Romford, and where 171 MARKS ROAD lies on this distribution: 4% of terraced houses houses are smaller than 171 MARKS ROAD, and 96% of houses are larger. Note that EPC data is not available for all properties in Romford.

171 MARKS ROAD: Plot and Title Map

171 MARKS ROAD sits on a plot of roughly 0.055 of an acre, or 224m². The below map shows the location of 171 MARKS ROAD, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 171 MARKS ROAD). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 171 MARKS ROAD?

171 MARKS ROAD is located in ROMFORD, in the RM7 postcode district. The below map shows the position of No. 171 on MARKS ROAD.