37, SHEPHERDS CLOSE, ROMFORD, RM6 5AD - £182,000

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.

37 SHEPHERDS CLOSE is a terraced house, which could now be worth an estimated £408,966. It was last sold for £182,000 in August 2006, which was around 26% below the average August 2006 terraced price in the Redbridge local authority area.

37 SHEPHERDS CLOSE Sold Prices

Land registry data shows two sales for 37 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 37 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
2006 2 AUG	£182,000	£244,965	26% below HPI
2004 30 SEP	£183,000	£228,484	20% below HPI

What might 37 SHEPHERDS CLOSE be worth now?

37 SHEPHERDS CLOSE might now be worth an estimated £408,966.

This is based on house price inflation of 124.7%, between August 2006 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 124.7% inflationary increase is applied to the most recent sale price for 37 SHEPHERDS CLOSE of £182,000 on 2nd August 2006. For the value to have increased from £182,000 to £408,966 over the twenty years and three months to May 2026, the following assumptions must hold true:

• The value of 37 SHEPHERDS CLOSE has moved in line with the HPI for terraced houses in the Redbridge local authority area.
• The August 2006 sale price of £182,000 represented a fair market value for the property.
• The size, condition, and specification of 37 SHEPHERDS CLOSE has not materially changed since August 2006.

Where is 37 SHEPHERDS CLOSE?

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