£865,454
This estimated value is based upon the latest sale price for the house of £575,000 on 9 Sep 2014. 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 |
---|---|
£575,000 | 9 Sep 2014 |
£259,500 | 9 Aug 2002 |
Detached |
Freehold |
Floor Area: 139 sq meters or 1,499 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 2014 the House Price Index for GREATER LONDON was 98.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 50.514%.Applying this 50.514% change to the original purchase price of £575,000 results in an estimated price of approximately £865,454.
9 Sep 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
98.7 | 148.6 | 50.514 % | £575,000 | £290,454 | £865,454 |
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 | 29.986 % | £172,416 | £747,416 |
3 Month Average | 44.248 % | £254,425 | £829,425 |
6 Month Average | 41.560 % | £238,971 | £813,971 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £916,027 | £900,000 | 215 MAIN ROAD |
15 Sep 2023 | £709,066 | £700,000 | 318 MAIN ROAD |
15 Sep 2023 | £531,800 | £525,000 | 545 UPPER BRENTWOOD ROAD |
1 Sep 2023 | £715,650 | £706,500 | 12 BEAUMONT CLOSE |
7 Oct 2022 | £707,384 | £715,000 | 7 WESTERN AVENUE |
This house has a floor area of 139 sq meters or 1,499 sq feet when measured on 2 Mar 2011. Using an estimated price of £865,455 means this house is valued at £6,210 per sq meter (£576 per sq foot).
The average size of a house on BEAUMONT CLOSE is 170 sq meters (1,835 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Other crime | Under investigation | On or near Hockley Drive |
Jan 2024 | Other crime | Under investigation | On or near Farnes Drive |
Jan 2024 | Public order | Under investigation | On or near Farnes Drive |
Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Farnes Drive |
Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Sports/Recreation Area |