23, SHEPHERDS CLOSE, ROMFORD, RM6 5AD - £128,000

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.

23 SHEPHERDS CLOSE is a terraced house, which could now be worth an estimated £430,396. It was last sold for £128,000 in June 2002, which was around 22% below the average June 2002 terraced price in the Redbridge local authority area.

23 SHEPHERDS CLOSE Sold Prices

Land registry data shows two sales for 23 SHEPHERDS CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Redbridge local authority area for the corresponding sale date. Both of the two 23 SHEPHERDS CLOSE 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
2002 28 JUN	£128,000	£163,705	22% below HPI
1998 5 OCT	£79,000	£96,708	18% below HPI

What might 23 SHEPHERDS CLOSE be worth now?

23 SHEPHERDS CLOSE might now be worth an estimated £430,396.

This is based on house price inflation of 236.2%, between June 2002 and May 2026, for terraced houses, in the Redbridge local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 236.2% inflationary increase is applied to the most recent sale price for 23 SHEPHERDS CLOSE of £128,000 on 28th June 2002. For the value to have increased from £128,000 to £430,396 over the 24 years and one month to May 2026, the following assumptions must hold true:

• The value of 23 SHEPHERDS CLOSE has moved in line with the HPI for terraced houses in the Redbridge local authority area.
• The June 2002 sale price of £128,000 represented a fair market value for the property.
• The size, condition, and specification of 23 SHEPHERDS CLOSE has not materially changed since June 2002.

Where is 23 SHEPHERDS CLOSE?

23 SHEPHERDS CLOSE is located in ROMFORD, in the RM6 postcode district.