£734,093
This estimated value is based upon the latest sale price for the house of £600,000 on 28 Feb 2020. 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 |
|---|---|
| £600,000 | 28 Feb 2020 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 179 sq meters or 1,926 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 2020 the House Price Index for GREATER LONDON was 121.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.349%.Applying this 22.349% change to the original purchase price of £600,000 results in an estimated price of approximately £734,093.
| 28 Feb 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 148.6 | 22.349 % | £600,000 | £134,093 | £734,093 |
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 | -5.454 % | £-32,723 | £567,276 |
| 3 Month Average | 0.476 % | £2,858 | £602,858 |
| 6 Month Average | -4.816 % | £-28,898 | £571,101 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £324,145 | £320,000 | 10 GEDDY COURT |
| 25 Aug 2023 | £983,605 | £975,000 | 100 BALGORES LANE |
| 24 Feb 2023 | £524,647 | £525,000 | 272 CARLTON ROAD |
| 2 Sep 2022 | £297,597 | £300,000 | 6 GEDDY COURT |
| 2 Sep 2022 | £577,834 | £582,500 | 278 CARLTON ROAD |
This house has a floor area of 179 sq meters or 1,926 sq feet when measured on 20 Sep 2019. Using an estimated price of £734,094 means this house is valued at £4,101 per sq meter (£381 per sq foot).
The average size of a house on BALGORES LANE is 112 sq meters (1,209 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Balgores Lane |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Balgores Lane |
| Dec 2023 | Other theft | Under investigation | On or near Balgores Lane |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Stanley Close |
| Jan 2024 | Other theft | Under investigation | On or near Woodfield Drive |