123, GORSEWAY, ROMFORD, RM7 0RR - £320,000

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.

123 GORSEWAY is a midsized extended semi-detached house of 115m², built sometime between 1930 and 1949, which could now be worth an estimated £610,119. It was last sold for £320,000 in December 2013, which was around 15% above the average December 2013 semi-detached price in the Havering local authority area. The most recent EPC inspection was November 2012, where the current energy rating was D, and the potential energy rating was C.

123 GORSEWAY Sold Prices

Land registry data shows two sales for 123 GORSEWAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Havering local authority area for the corresponding sale date. One of the two 123 GORSEWAY sales was for above the average price, whilst the other was 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
2013 5 DEC	£320,000	£277,532	15% above HPI
2001 6 APR	£138,000	£140,207	2% below HPI

123 GORSEWAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Havering local authority area over time, sourced from the HPI. The two 123 GORSEWAY sales from April 2001 and December 2013 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the April 2001 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the December 2013 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 123 GORSEWAY be worth now?

123 GORSEWAY might now be worth an estimated £610,119.

This is based on house price inflation of 90.7%, between December 2013 and February 2025, for semi-detached 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 90.7% inflationary increase is applied to the most recent sale price for 123 GORSEWAY of £320,000 on 5th December 2013. For the value to have increased from £320,000 to £610,119 over the twelve years and ten months to February 2025, the following assumptions must hold true:

• The value of 123 GORSEWAY has moved in line with the HPI for semi-detached houses in the Havering local authority area.
• The December 2013 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 123 GORSEWAY has not materially changed since December 2013.

How Large is 123 GORSEWAY?

123 GORSEWAY is 115m², which includes one extension, according to the EPC inspection conducted in November 2012. This puts it in the smallest 50% of semi-detached houses houses in Romford, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Romford, and where 123 GORSEWAY lies on this distribution: 44% of semi-detached houses houses are smaller than 123 GORSEWAY, and 55% of houses are larger. Note that EPC data is not available for all properties in Romford.

123 GORSEWAY: Plot and Title Map

123 GORSEWAY sits on a plot of roughly 0.091 of an acre, or 370m². The below map shows the location of 123 GORSEWAY, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 123 GORSEWAY). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 123 GORSEWAY?

123 GORSEWAY is located in ROMFORD, in the RM7 postcode district. The below map shows the position of No. 123 on GORSEWAY.