GREEN OAKS, NOAK HILL ROAD, ROMFORD, RM3 7LL - £485,000

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.

GREEN OAKS is a small semi-detached house of 101m², built sometime between 1967 and 1975, which could now be worth an estimated £501,989. It was last sold for £485,000 in March 2023, which was around 5% below the average March 2023 semi-detached price in the Havering local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was B.

GREEN OAKS Sold Prices

Land registry data shows four sales for GREEN OAKS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Havering local authority area for the corresponding sale date. two of the four GREEN OAKS sales were for below the average price, and four were for above 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
2023 15 MAR	£485,000	£511,241	5% below HPI
2015 25 NOV	£350,000	£366,258	4% below HPI
2006 4 AUG	£257,000	£245,519	5% above HPI
2001 16 JUL	£193,000	£145,750	32% above HPI

GREEN OAKS 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 four GREEN OAKS sales between July 2001 and March 2023 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 November 2015 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the March 2023 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might GREEN OAKS be worth now?

GREEN OAKS might now be worth an estimated £501,989.

This is based on house price inflation of 3.5%, between March 2023 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 3.5% inflationary increase is applied to the most recent sale price for GREEN OAKS of £485,000 on 15th March 2023. For the value to have increased from £485,000 to £501,989 over the two years and one month to February 2025, the following assumptions must hold true:

• The value of GREEN OAKS has moved in line with the HPI for semi-detached houses in the Havering local authority area.
• The March 2023 sale price of £485,000 represented a fair market value for the property.
• The size, condition, and specification of GREEN OAKS has not materially changed since March 2023.

How Large is GREEN OAKS?

GREEN OAKS is 101m² according to the EPC inspection conducted in March 2022. This puts it in the smallest 30% of semi-detached houses houses in London, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in London, and where GREEN OAKS lies on this distribution: 20% of semi-detached houses houses are smaller than GREEN OAKS, and 79% of houses are larger. Note that EPC data is not available for all properties in London.

GREEN OAKS: Plot and Title Map

GREEN OAKS sits on a plot of roughly 0.059 of an acre, or 238m². The below map shows the location of GREEN OAKS, 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 GREEN OAKS). 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 GREEN OAKS?

GREEN OAKS is located on NOAK HILL ROAD in ROMFORD, in the RM3 postcode district. The below map shows the position of GREEN OAKS on NOAK HILL ROAD.