£410,270
This estimated value is based upon the latest sale price for the house of £249,995 on 5 Feb 2007. 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 |
|---|---|
| £249,995 | 5 Feb 2007 |
| Terraced |
| Freehold |
| Floor Area: 84 sq meters or 904 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 2007 the House Price Index for GREATER LONDON was 91.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 64.111%.Applying this 64.111% change to the original purchase price of £249,995 results in an estimated price of approximately £410,270.
| 5 Feb 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.2 | 149.7 | 64.111 % | £249,995 | £160,275 | £410,270 |
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 | 162.898 % | £407,237 | £657,232 |
| 3 Month Average | 104.932 % | £262,324 | £512,319 |
| 6 Month Average | 97.825 % | £244,558 | £494,553 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Jul 2024 | £475,000 | £475,000 | 193 CARLTON ROAD |
| 12 Sep 2023 | £777,131 | £760,000 | 7 BALGORES SQUARE |
| 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 |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 2 Nov 2018. Using an estimated price of £410,270 means this house is valued at £4,884 per sq meter (£453 per sq foot).
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 | Offender given penalty notice | On or near Parking Area |
| Sep 2024 | Drugs | Under investigation | On or near Parking Area |