£624,695
This estimated value is based upon the latest sale price for the house of £490,000 on 4 Jul 2017. 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 |
|---|---|
| £490,000 | 4 Jul 2017 |
| £234,000 | 16 Dec 2005 |
| Terraced |
| Freehold |
| Floor Area: 88 sq meters or 947 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 July 2017 the House Price Index for GREATER LONDON was 116.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.489%.Applying this 27.489% change to the original purchase price of £490,000 results in an estimated price of approximately £624,695.
| 4 Jul 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.6 | 148.6 | 27.489 % | £490,000 | £134,695 | £624,695 |
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 | 16.315 % | £79,945 | £569,945 |
| 3 Month Average | 18.453 % | £90,417 | £580,417 |
| 6 Month Average | 25.784 % | £126,341 | £616,341 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Sep 2023 | £455,828 | £450,000 | 18 STANLEY AVENUE |
| 31 Jul 2023 | £656,840 | £648,000 | 67 STANLEY AVENUE |
| 19 Aug 2022 | £515,612 | £517,000 | 5 STANLEY AVENUE |
| 10 Aug 2022 | £523,591 | £525,000 | 39 WOODFIELD DRIVE |
| 27 Jun 2022 | £571,070 | £563,000 | 9 WOODFIELD DRIVE |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 19 Oct 2016. Using an estimated price of £624,695 means this house is valued at £7,098 per sq meter (£659 per sq foot).
The average size of a house on WOODFIELD DRIVE is 99 sq meters (1,068 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Under investigation | On or near Woodfield Drive |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Stanley Close |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Balgores Lane |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Tudor Gardens |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Tudor Gardens |