£891,224
This estimated value is based upon the latest sale price for the house of £535,000 on 1 Aug 2013. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
Get our free house price tracker.
192 Main Road, Romford, RM2 5HA
Phone: 01708954929
| Price Paid | Date |
|---|---|
| £535,000 | 1 Aug 2013 |
| £387,000 | 27 Mar 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 192 sq meters or 2,066 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 2013 the House Price Index for GREATER LONDON was 89.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 66.584%.Applying this 66.584% change to the original purchase price of £535,000 results in an estimated price of approximately £891,224.
| 1 Aug 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.9 | 149.7 | 66.584 % | £535,000 | £356,224 | £891,224 |
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 | 121.008 % | £647,393 | £1,182,393 |
| 3 Month Average | 63.306 % | £338,688 | £873,688 |
| 6 Month Average | 75.328 % | £403,003 | £938,003 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Jul 2024 | £850,000 | £850,000 | 15 BALGORES LANE |
| 21 Jun 2024 | £730,000 | £730,000 | 53 BALGORES LANE |
| 26 Oct 2023 | £588,363 | £575,000 | 23 STANLEY CLOSE |
| 25 Aug 2023 | £992,908 | £975,000 | 100 BALGORES LANE |
| 24 Mar 2023 | £518,662 | £510,000 | 3 STANLEY CLOSE |
This house has a floor area of 192 sq meters or 2,066 sq feet when measured on 12 Jun 2012. Using an estimated price of £891,225 means this house is valued at £4,641 per sq meter (£431 per sq foot).
The average size of a house on BALGORES LANE is 112 sq meters (1,209 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Stanley Close | |
| Sep 2024 | Anti-social behaviour | On or near Stanley Close | |
| Oct 2024 | Public order | Under investigation | On or near Main Road |
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Main Road |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Main Road |