£827,647
This estimated value is based upon the latest sale price for the house of £560,000 on 13 Feb 2015. 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 |
---|---|
£560,000 | 13 Feb 2015 |
£387,500 | 23 Aug 2005 |
Semi-Detached |
Freehold |
Floor Area: 157 sq meters or 1,694 sq feet |
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 February 2015 the House Price Index for GREATER LONDON was 100.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 47.794%.Applying this 47.794% change to the original purchase price of £560,000 results in an estimated price of approximately £827,647.
13 Feb 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
100.5 | 148.6 | 47.794 % | £560,000 | £267,647 | £827,647 |
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 | 3.014 % | £16,876 | £576,876 |
3 Month Average | 44.554 % | £249,501 | £809,501 |
6 Month Average | 37.454 % | £209,740 | £769,740 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Sep 2023 | £709,066 | £700,000 | 318 MAIN ROAD |
1 Sep 2023 | £715,650 | £706,500 | 12 BEAUMONT CLOSE |
1 Sep 2023 | £709,066 | £700,000 | 183 MAIN ROAD |
7 Jul 2023 | £831,187 | £820,000 | 268 MAIN ROAD |
28 Feb 2023 | £899,395 | £900,000 | 179 MAIN ROAD |
This house has a floor area of 157 sq meters or 1,694 sq feet when measured on 1 Oct 2008. Using an estimated price of £827,647 means this house is valued at £5,258 per sq meter (£488 per sq foot).
The average size of a house on MAIN ROAD is 102 sq meters (1,100 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Other crime | Under investigation | On or near Hockley Drive |
Jan 2024 | Vehicle crime | Under investigation | On or near Links Avenue |
Jan 2024 | Anti-social behaviour | On or near Castellan Avenue | |
Jan 2024 | Anti-social behaviour | On or near Castellan Avenue | |
Jan 2024 | Anti-social behaviour | On or near Castellan Avenue |