2, WAYSIDE CLOSE, ROMFORD, RM1 4ES - £250,000

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.

2 WAYSIDE CLOSE is a detached house, which could now be worth an estimated £624,683. It was last sold for £250,000 in April 2003, which was around 26% below the average April 2003 detached price in the Havering local authority area.

2 WAYSIDE CLOSE Sold Prices

Land registry data shows two sales for 2 WAYSIDE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Havering local authority area for the corresponding sale date. One of the two 2 WAYSIDE CLOSE sales was for below the average price, whilst the other was 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
2003 7 APR	£250,000	£338,740	26% below HPI
2002 22 MAY	£299,995	£273,341	10% above HPI

What might 2 WAYSIDE CLOSE be worth now?

2 WAYSIDE CLOSE might now be worth an estimated £624,683.

This is based on house price inflation of 149.9%, between April 2003 and May 2026, for detached 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 149.9% inflationary increase is applied to the most recent sale price for 2 WAYSIDE CLOSE of £250,000 on 7th April 2003. For the value to have increased from £250,000 to £624,683 over the 22 years and eleven months to May 2026, the following assumptions must hold true:

• The value of 2 WAYSIDE CLOSE has moved in line with the HPI for detached houses in the Havering local authority area.
• The April 2003 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 2 WAYSIDE CLOSE has not materially changed since April 2003.

Where is 2 WAYSIDE CLOSE?

2 WAYSIDE CLOSE is located in ROMFORD, in the RM1 postcode district.