£777,131
This estimated value is based upon the latest sale price for the house of £760,000 on 12 Sep 2023. 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 |
|---|---|
| £760,000 | 12 Sep 2023 |
| £645,000 | 19 Oct 2020 |
| £200,000 | 12 Aug 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 117 sq meters or 1,259 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 September 2023 the House Price Index for GREATER LONDON was 146.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.254%.Applying this 2.254% change to the original purchase price of £760,000 results in an estimated price of approximately £777,131.
| 12 Sep 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 149.7 | 2.254 % | £760,000 | £17,131 | £777,131 |
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 | 62.948 % | £478,407 | £1,238,407 |
| 3 Month Average | 8.266 % | £62,823 | £822,823 |
| 6 Month Average | 6.292 % | £47,815 | £807,815 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Sep 2023 | £777,131 | £760,000 | 7 BALGORES SQUARE |
| 1 Sep 2023 | £327,213 | £320,000 | 10 GEDDY COURT |
| 24 Feb 2023 | £528,531 | £525,000 | 272 CARLTON ROAD |
| 2 Sep 2022 | £582,111 | £582,500 | 278 CARLTON ROAD |
| 2 Sep 2022 | £299,800 | £300,000 | 6 GEDDY COURT |
This house has a floor area of 117 sq meters or 1,259 sq feet when measured on 4 Aug 2020. Using an estimated price of £777,131 means this house is valued at £6,642 per sq meter (£617 per sq foot).
The average size of a house on BALGORES SQUARE is 123 sq meters (1,331 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Drugs | Under investigation | On or near Parking Area |
| Sep 2024 | Drugs | Offender given penalty notice | On or near Parking Area |
| Aug 2024 | Drugs | Under investigation | On or near Parking Area |
| 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 |