£968,892
This estimated value is based upon the latest sale price for the house of £790,000 on 26 Nov 2019. 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 |
---|---|
£790,000 | 26 Nov 2019 |
£435,000 | 3 Oct 2013 |
Semi-Detached |
Freehold |
Floor Area: 127 sq meters or 1,367 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 November 2019 the House Price Index for GREATER LONDON was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.645%.Applying this 22.645% change to the original purchase price of £790,000 results in an estimated price of approximately £968,892.
26 Nov 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.2 | 148.6 | 22.645 % | £790,000 | £178,892 | £968,892 |
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 | -30.434 % | £-240,429 | £549,570 |
3 Month Average | -17.186 % | £-135,772 | £654,227 |
6 Month Average | 0.119 % | £936 | £790,936 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Mar 2023 | £620,849 | £615,000 | 32 CROSSWAYS |
5 Aug 2022 | £772,919 | £775,000 | 9 PEMBERTON AVENUE |
26 Jul 2022 | £992,672 | £990,000 | 58 CROSSWAYS |
8 Jul 2022 | £872,348 | £870,000 | 31 CROSSWAYS |
10 Jun 2022 | £507,167 | £500,000 | 57 CROSSWAYS |
This house has a floor area of 127 sq meters or 1,367 sq feet when measured on 6 Jul 2019. Using an estimated price of £968,892 means this house is valued at £7,629 per sq meter (£708 per sq foot).
The average size of a house on WALLENGER AVENUE is 174 sq meters (1,874 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Pemberton Avenue |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Eyre Close |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Eyre Close |
Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Severn Avenue |
Dec 2023 | Anti-social behaviour | On or near Parking Area |