£663,682
This estimated value is based upon the latest sale price for the house of £440,000 on 31 Jul 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 |
|---|---|
| £440,000 | 31 Jul 2014 |
| £300,000 | 4 Dec 2003 |
| £130,000 | 21 Mar 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 106 sq meters or 1,151 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 2014 the House Price Index for GREATER LONDON was 97.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 50.837%.Applying this 50.837% change to the original purchase price of £440,000 results in an estimated price of approximately £663,682.
| 31 Jul 2014 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 97.3 | 146.7 | 50.837 % | £440,000 | £223,682 | £663,682 |
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 | 26.246 % | £115,482 | £555,482 |
| 3 Month Average | 31.176 % | £137,173 | £577,173 |
| 6 Month Average | 46.051 % | £202,623 | £642,623 |
This house has a floor area of 106 sq meters or 1,151 sq feet when measured on 23 Sep 2009.
The average size of a house on WESTERN AVENUE is 141 sq meters (1,521 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Other crime | Under investigation | On or near Hockley Drive |
| Jan 2024 | Burglary | Under investigation | On or near Hopkins Close |
| Jan 2024 | Public order | Under investigation | On or near Farnes Drive |
| Jan 2024 | Other crime | Under investigation | On or near Farnes Drive |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Farnes Drive |