25, THE DRIVE, COLLIER ROW, ROMFORD, RM5 3TP - £316,000

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.

25 THE DRIVE is a midsized extended terraced house of 96m², built sometime between 1930 and 1949, which could now be worth an estimated £416,136. It was last sold for £316,000 in May 2017, which was around 5% below the average May 2017 terraced price in the Havering local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.

25 THE DRIVE Sold Prices

Land registry data shows one sale for 25 THE DRIVE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced price in the Havering local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2017 12 MAY	£316,000	£333,067	5% below HPI

What might 25 THE DRIVE be worth now?

25 THE DRIVE might now be worth an estimated £416,136.

This is based on house price inflation of 31.7%, between May 2017 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 31.7% inflationary increase is applied to the most recent sale price for 25 THE DRIVE of £316,000 on 12th May 2017. For the value to have increased from £316,000 to £416,136 over the nine years to May 2026, the following assumptions must hold true:

• The value of 25 THE DRIVE has moved in line with the HPI for terraced houses in the Havering local authority area.
• The May 2017 sale price of £316,000 represented a fair market value for the property.
• The size, condition, and specification of 25 THE DRIVE has not materially changed since May 2017.

How Large is 25 THE DRIVE?

25 THE DRIVE is 96m², which includes one extension, according to the EPC inspection conducted in May 2022. This puts it in the largest 50% of terraced houses in London, based on EPC data. The below chart shows the distribution of terraced houses by size in London, and where 25 THE DRIVE lies on this distribution: 55% of terraced houses are smaller than 25 THE DRIVE, and 44% of terraced houses are larger. Note that EPC data is not available for all properties in London.

25 THE DRIVE: Plot

25 THE DRIVE sits on a plot of roughly 0.059 of an acre, or 238m².

Where is 25 THE DRIVE?

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