58, THE DRIVE, COLLIER ROW, ROMFORD, RM5 3TR - £325,000

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.

58 THE DRIVE is a very small terraced house of 72m², built sometime between 1930 and 1949, which could now be worth an estimated £428,460. It was last sold for £325,000 in July 2016, which was around 2% below the average July 2016 terraced price in the Havering local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was B.

58 THE DRIVE Sold Prices

Land registry data shows one sale for 58 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
2016 14 JUL	£325,000	£332,700	2% below HPI

What might 58 THE DRIVE be worth now?

58 THE DRIVE might now be worth an estimated £428,460.

This is based on house price inflation of 31.8%, between July 2016 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 31.8% inflationary increase is applied to the most recent sale price for 58 THE DRIVE of £325,000 on 14th July 2016. For the value to have increased from £325,000 to £428,460 over the ten years and two months to May 2026, the following assumptions must hold true:

• The value of 58 THE DRIVE has moved in line with the HPI for terraced houses in the Havering local authority area.
• The July 2016 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 58 THE DRIVE has not materially changed since July 2016.

How Large is 58 THE DRIVE?

58 THE DRIVE is 72m² according to the EPC inspection conducted in January 2016. This puts it in the smallest 20% of terraced houses in London, based on EPC data. The below chart shows the distribution of terraced houses by size in London, and where 58 THE DRIVE lies on this distribution: 18% of terraced houses are smaller than 58 THE DRIVE, and 80% of terraced houses are larger. Note that EPC data is not available for all properties in London.

58 THE DRIVE: Plot

58 THE DRIVE sits on a plot of roughly 0.054 of an acre, or 219m².

Where is 58 THE DRIVE?

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