23, THE DRIVE, COLLIER ROW, ROMFORD, RM5 3TP - £175,000

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 THE DRIVE is a terraced house, which could now be worth an estimated £405,814. It was last sold for £175,000 in August 2005, which was around 7% below the average August 2005 terraced price in the Havering local authority area.

23 THE DRIVE Sold Prices

Land registry data shows two sales for 23 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 23 THE DRIVE 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
2005 12 AUG	£175,000	£189,143	7% below HPI
2000 9 NOV	£92,000	£104,053	12% below HPI

What might 23 THE DRIVE be worth now?

23 THE DRIVE might now be worth an estimated £405,814.

This is based on house price inflation of 131.9%, between August 2005 and May 2026, 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 131.9% inflationary increase is applied to the most recent sale price for 23 THE DRIVE of £175,000 on 12th August 2005. For the value to have increased from £175,000 to £405,814 over the 21 years and three months to May 2026, the following assumptions must hold true:

• The value of 23 THE DRIVE has moved in line with the HPI for terraced houses in the Havering local authority area.
• The August 2005 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 23 THE DRIVE has not materially changed since August 2005.

Where is 23 THE DRIVE?

23 THE DRIVE is located in COLLIER ROW, in the RM5 postcode district.