£520,594
This estimated value is based upon the latest sale price for the house of £425,500 on 14 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 |
---|---|
£425,500 | 14 Feb 2020 |
£250,000 | 9 Feb 2007 |
£140,000 | 26 Oct 2001 |
£82,000 | 4 Jul 1997 |
Terraced |
Freehold |
Floor Area: 86 sq meters or 925 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 £425,500 results in an estimated price of approximately £520,594.
14 Feb 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.5 | 148.6 | 22.349 % | £425,500 | £95,094 | £520,594 |
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 % | £-23,206 | £402,293 |
3 Month Average | 0.476 % | £2,027 | £427,527 |
6 Month Average | -4.816 % | £-20,493 | £405,006 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
2 Aug 2023 | £581,084 | £576,000 | 216 CARLTON ROAD |
10 Aug 2022 | £523,591 | £525,000 | 39 WOODFIELD DRIVE |
27 Jun 2022 | £571,070 | £563,000 | 9 WOODFIELD DRIVE |
25 Mar 2022 | £487,043 | £470,000 | 74 WOODFIELD DRIVE |
30 Jun 2021 | £574,014 | £535,000 | 23 WOODFIELD DRIVE |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 10 Sep 2019. Using an estimated price of £520,595 means this house is valued at £6,053 per sq meter (£562 per sq foot).
The average size of a house on CARLTON ROAD is 91 sq meters (988 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Other theft | Under investigation | On or near Woodfield Drive |
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 |