8, SHEPHERDS CLOSE, ROMFORD, RM6 5AD - £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.

8 SHEPHERDS CLOSE is a terraced house, which could now be worth an estimated £428,492. It was last sold for £175,000 in March 2005, which was around 22% below the average March 2005 terraced price in the Redbridge local authority area.

8 SHEPHERDS CLOSE Sold Prices

Land registry data shows one sale for 8 SHEPHERDS CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced price in the Redbridge 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
2005 23 MAR	£175,000	£224,810	22% below HPI

What might 8 SHEPHERDS CLOSE be worth now?

8 SHEPHERDS CLOSE might now be worth an estimated £428,492.

This is based on house price inflation of 144.9%, between March 2005 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 144.9% inflationary increase is applied to the most recent sale price for 8 SHEPHERDS CLOSE of £175,000 on 23rd March 2005. For the value to have increased from £175,000 to £428,492 over the twenty years and ten months to May 2026, the following assumptions must hold true:

• The value of 8 SHEPHERDS CLOSE has moved in line with the HPI for terraced houses in the Redbridge local authority area.
• The March 2005 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 8 SHEPHERDS CLOSE has not materially changed since March 2005.

Where is 8 SHEPHERDS CLOSE?

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