£717,470
This estimated value is based upon the latest sale price for the house of £585,000 on 4 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 |
---|---|
£585,000 | 4 Nov 2019 |
£455,000 | 30 Jul 2015 |
Semi-Detached |
Freehold |
Floor Area: 185 sq meters or 1,991 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 £585,000 results in an estimated price of approximately £717,470.
4 Nov 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.2 | 148.6 | 22.645 % | £585,000 | £132,470 | £717,470 |
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 % | £-178,039 | £406,960 |
3 Month Average | -17.186 % | £-100,540 | £484,459 |
6 Month Average | 0.119 % | £693 | £585,693 |
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 | £709,066 | £700,000 | 183 MAIN ROAD |
1 Sep 2023 | £715,650 | £706,500 | 12 BEAUMONT CLOSE |
This house has a floor area of 185 sq meters or 1,991 sq feet when measured on 24 Mar 2018. Using an estimated price of £717,471 means this house is valued at £3,878 per sq meter (£360 per sq foot).
The average size of a house on MAIN ROAD is 102 sq meters (1,100 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Other crime | Under investigation | On or near Hockley Drive |
Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Sports/Recreation Area |
Jan 2024 | Vehicle crime | Under investigation | On or near Links Avenue |
Jan 2024 | Public order | Under investigation | On or near Farnes Drive |
Jan 2024 | Other crime | Under investigation | On or near Farnes Drive |