39, THE DRIVE, COLLIER ROW, ROMFORD, RM5 3TP - £347,500

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.

39 THE DRIVE is a very small terraced house of 71m², built sometime between 1900 and 1929, which could now be worth an estimated £430,201. It was last sold for £347,500 in July 2017, which was around 1% above the average July 2017 terraced price in the Havering local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was B.

39 THE DRIVE Sold Prices

Land registry data shows two sales for 39 THE DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Havering local authority area for the corresponding sale date. Both of the two 39 THE DRIVE sales were for above 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
2017 14 JUL	£347,500	£344,819	1% above HPI
2011 1 AUG	£212,000	£207,963	2% above HPI

39 THE DRIVE 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 two 39 THE DRIVE sales from August 2011 and July 2017 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 August 2011 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the July 2017 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 39 THE DRIVE be worth now?

39 THE DRIVE might now be worth an estimated £430,201.

This is based on house price inflation of 23.8%, between July 2017 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 23.8% inflationary increase is applied to the most recent sale price for 39 THE DRIVE of £347,500 on 14th July 2017. For the value to have increased from £347,500 to £430,201 over the eight years and one month to June 2025, the following assumptions must hold true:

• The value of 39 THE DRIVE has moved in line with the HPI for terraced houses in the Havering local authority area.
• The July 2017 sale price of £347,500 represented a fair market value for the property.
• The size, condition, and specification of 39 THE DRIVE has not materially changed since July 2017.

How Large is 39 THE DRIVE?

39 THE DRIVE is 71m² according to the EPC inspection conducted in March 2017. This puts it in the smallest 10% of terraced houses houses in London, based on EPC data. The below chart shows the distribution of terraced houses houses by size in London, and where 39 THE DRIVE lies on this distribution: 4% of terraced houses houses are smaller than 39 THE DRIVE, and 96% of houses are larger. Note that EPC data is not available for all properties in London.

39 THE DRIVE: Plot and Title Map

39 THE DRIVE sits on a plot of roughly 0.056 of an acre, or 227m². The below map shows the location of 39 THE DRIVE, 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 39 THE DRIVE). 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 39 THE DRIVE?

39 THE DRIVE is located in COLLIER ROW, in the RM5 postcode district. The below map shows the position of No. 39 on THE DRIVE.