£3,217,213
This estimated value is based upon the latest sale price for the house of £525,000 on 16 Aug 2024. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Balgores Lane
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192 Main Road, Romford, RM2 5HA
Phone: 01708954929
| Price Paid | Date |
|---|---|
| £525,000 | 16 Aug 2024 |
| £427,500 | 20 Dec 2018 |
| Terraced |
| Freehold |
| Floor Area: 76 sq meters or 818 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 August 2024 the House Price Index for GREATER LONDON was 24.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 512.803%.Applying this 512.803% change to the original purchase price of £525,000 results in an estimated price of approximately £3,217,213.
| 16 Aug 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 24.4 | 149.7 | 512.803 % | £525,000 | £2,692,213 | £3,217,213 |
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 | 26.074 % | £136,890 | £661,890 |
| 3 Month Average | -4.730 % | £-24,835 | £500,164 |
| 6 Month Average | -1.091 % | £-5,726 | £519,273 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Jul 2024 | £475,000 | £475,000 | 193 CARLTON ROAD |
| 24 Feb 2023 | £528,531 | £525,000 | 272 CARLTON ROAD |
| 2 Sep 2022 | £582,111 | £582,500 | 278 CARLTON ROAD |
| 30 Jun 2022 | £618,215 | £605,000 | 5 FAIRHOLME AVENUE |
| 31 Mar 2022 | £542,845 | £520,000 | FLAT 1 BURNS COURT, 102 BALGORES LANE |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 3 Sep 2018.
The average size of a house on CARLTON ROAD is 91 sq meters (988 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Balgores Lane |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Balgores Lane |
| Oct 2024 | Burglary | Investigation complete; no suspect identified | On or near Balgores Lane |
| Sep 2024 | Drugs | Under investigation | On or near Parking Area |
| Sep 2024 | Drugs | Offender given penalty notice | On or near Parking Area |