£1,184,478
This estimated value is based upon the latest sale price for the house of £690,000 on 23 Aug 2006. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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192 Main Road, Romford, RM2 5HA
Phone: 01708954929
| Price Paid | Date |
|---|---|
| £690,000 | 23 Aug 2006 |
| Detached |
| Freehold |
This model uses changes in the Official Land Registry House Price Index for GREATER LONDON to estimate the market value.
When this house was purchased in August 2006 the House Price Index for GREATER LONDON was 86.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.664%.Applying this 71.664% change to the original purchase price of £690,000 results in an estimated price of approximately £1,184,478.
| 23 Aug 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 148.6 | 71.664 % | £690,000 | £494,478 | £1,184,478 |
The Postcode Pricing Model uses changes in average sales price within the RM2 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 78.047 % | £538,523 | £1,228,523 |
| 3 Month Average | 76.829 % | £530,122 | £1,220,122 |
| 6 Month Average | 81.161 % | £560,013 | £1,250,013 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Nov 2023 | £639,467 | £630,000 | 14 REPTON GARDENS |
| 25 Aug 2023 | £983,605 | £975,000 | 100 BALGORES LANE |
| 24 Mar 2023 | £514,851 | £510,000 | 3 STANLEY CLOSE |
| 8 Mar 2023 | £175,655 | £174,000 | 5A BALGORES CRESCENT |
| 14 Apr 2022 | £885,627 | £860,000 | 45 BALGORES LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Stanley Close |
| Jan 2024 | Vehicle crime | Under investigation | On or near Main Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Main Road |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Main Road |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Main Road |