£798,657
This estimated value is based upon the latest sale price for the house of £435,000 on 24 Oct 2005. 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 |
|---|---|
| £435,000 | 24 Oct 2005 |
| Semi-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 October 2005 the House Price Index for GREATER LONDON was 81.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 83.599%.Applying this 83.599% change to the original purchase price of £435,000 results in an estimated price of approximately £798,657.
| 24 Oct 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.5 | 149.7 | 83.599 % | £435,000 | £363,657 | £798,657 |
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 | 131.668 % | £572,755 | £1,007,755 |
| 3 Month Average | 82.163 % | £357,409 | £792,409 |
| 6 Month Average | 99.059 % | £430,905 | £865,905 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Jun 2024 | £860,000 | £860,000 | 8 WALLENGER AVENUE |
| 5 Aug 2022 | £778,641 | £775,000 | 9 PEMBERTON AVENUE |
| 8 Jul 2022 | £878,806 | £870,000 | 31 CROSSWAYS |
| 10 Jun 2022 | £510,921 | £500,000 | 57 CROSSWAYS |
| 28 Apr 2022 | £1,047,796 | £1,010,000 | 9 WALLENGER AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Crossways |
| Sep 2024 | Drugs | Local resolution | On or near Hare Hall Lane |
| Sep 2024 | Drugs | Local resolution | On or near Hare Hall Lane |
| Sep 2024 | Drugs | Offender given penalty notice | On or near Parking Area |
| Sep 2024 | Drugs | Under investigation | On or near Parking Area |