£349,667
This estimated value is based upon the latest sale price for the house of £224,000 on 28 Sep 2007. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Balmoral Road
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471 Romford Road, Forest Gate, London, E7 8AB
Phone: 02080335952
| Price Paid | Date |
|---|---|
| £224,000 | 28 Sep 2007 |
| £160,000 | 30 Apr 2004 |
| £93,750 | 11 Jul 2000 |
| £55,000 | 30 Apr 1999 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 199 sq meters or 2,142 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 September 2007 the House Price Index for GREATER LONDON was 95.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 56.101%.Applying this 56.101% change to the original purchase price of £224,000 results in an estimated price of approximately £349,667.
| 28 Sep 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.2 | 148.6 | 56.101 % | £224,000 | £125,667 | £349,667 |
The Postcode Pricing Model uses changes in average sales price within the E7 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 | 219.110 % | £490,805 | £714,805 |
| 3 Month Average | 100.134 % | £224,301 | £448,301 |
| 6 Month Average | 117.590 % | £263,402 | £487,402 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Nov 2023 | £827,247 | £815,000 | 113 OSBORNE ROAD |
| 6 Nov 2023 | £913,525 | £900,000 | 67 HAMPTON ROAD |
| 21 Sep 2023 | £987,121 | £974,500 | 84 HAMPTON ROAD |
| 7 Sep 2023 | £638,160 | £630,000 | 71A WINDSOR ROAD |
| 4 Aug 2023 | £617,401 | £612,000 | 66D WINDSOR ROAD |
This house has a floor area of 199 sq meters or 2,142 sq feet when measured on 12 Nov 2014. Using an estimated price of £349,667 means this house is valued at £1,757 per sq meter (£163 per sq foot).
The average size of a house on OSBORNE ROAD is 135 sq meters (1,456 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Balmoral Road | |
| Jan 2024 | Burglary | Under investigation | On or near Balmoral Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Balmoral Road |
| Jan 2024 | Anti-social behaviour | On or near Balmoral Road | |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Balmoral Road |