HILLCREST, COLCHESTER ROAD, ROMFORD, RM3 9SF - £485,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

HILLCREST is a midsized extended detached house of 134m², built sometime between 1900 and 1929. It was last sold for £485,000 in September 2020, which was around 32% below the average September 2020 detached price in the Havering local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was B.

HILLCREST Sold Prices

Land registry data shows five sales for HILLCREST since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Havering local authority area for the corresponding sale date. All of the five HILLCREST 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
2020 21 SEP	£485,000	£708,939	32% below HPI
2004 15 SEP	£285,000	£367,943	23% below HPI
2003 9 MAY	£212,000	£341,488	38% below HPI
2000 20 MAY	£144,000	£214,968	33% below HPI
1995 4 SEP	£80,000	£131,861	39% below HPI

HILLCREST Price Paid vs. HPI Average

The below graph shows the average detached house price in the Havering local authority area over time, sourced from the HPI. The five HILLCREST sales between September 1995 and September 2020 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 September 2004 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the September 2020 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is HILLCREST?

HILLCREST is 134m², which includes two extensions, according to the EPC inspection conducted in May 2019. This puts it in the smallest 50% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where HILLCREST lies on this distribution: 44% of detached houses are smaller than HILLCREST, and 56% of houses are larger. Note that EPC data is not available for all properties in London.

HILLCREST: Plot and Title Map

HILLCREST sits on a plot of roughly 0.105 of an acre, or 426m². The below map shows the location of HILLCREST, 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 HILLCREST). 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 HILLCREST?

HILLCREST is located on COLCHESTER ROAD in ROMFORD, in the RM3 postcode district. The below map shows the position of HILLCREST on COLCHESTER ROAD.