£1,255,381
This estimated value is based upon the latest sale price for the house of £750,000 on 26 Mar 2013. 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 |
|---|---|
| £750,000 | 26 Mar 2013 |
| £500,000 | 29 Apr 2005 |
| Detached |
| Freehold |
| Floor Area: 190 sq meters or 2,050 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 March 2013 the House Price Index for GREATER LONDON was 88.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 67.384%.Applying this 67.384% change to the original purchase price of £750,000 results in an estimated price of approximately £1,255,381.
| 26 Mar 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.8 | 148.6 | 67.384 % | £750,000 | £505,381 | £1,255,381 |
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 | 79.634 % | £597,255 | £1,347,255 |
| 3 Month Average | 87.344 % | £655,076 | £1,405,076 |
| 6 Month Average | 70.837 % | £531,275 | £1,281,275 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £709,066 | £700,000 | 183 MAIN ROAD |
| 7 Jul 2023 | £831,187 | £820,000 | 268 MAIN ROAD |
| 28 Feb 2023 | £899,395 | £900,000 | 179 MAIN ROAD |
| 22 Aug 2022 | £1,052,168 | £1,055,000 | 276 MAIN ROAD |
| 17 Mar 2022 | £1,191,702 | £1,150,000 | 48 CASTELLAN AVENUE |
This house has a floor area of 190 sq meters or 2,050 sq feet when measured on 10 Sep 2011. Using an estimated price of £1,255,381 means this house is valued at £6,590 per sq meter (£612 per sq foot).
The average size of a house on CASTELLAN AVENUE is 187 sq meters (2,019 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Castellan Avenue | |
| Jan 2024 | Anti-social behaviour | On or near Castellan Avenue | |
| Jan 2024 | Anti-social behaviour | On or near Castellan Avenue | |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Castellan Avenue |
| Jan 2024 | Burglary | Under investigation | On or near Hopkins Close |