£418,747
This estimated value is based upon the latest sale price for the house of £225,000 on 27 Apr 2005. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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471 Romford Road, Forest Gate, London, E7 8AB
Phone: 02080335952
Price Paid | Date |
---|---|
£225,000 | 27 Apr 2005 |
Terraced |
Freehold |
Floor Area: 53 sq meters or 570 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 April 2005 the House Price Index for GREATER LONDON was 79.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 86.110%.Applying this 86.110% change to the original purchase price of £225,000 results in an estimated price of approximately £418,747.
27 Apr 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
79.8 | 148.6 | 86.110 % | £225,000 | £193,747 | £418,747 |
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 | 280.598 % | £631,345 | £856,345 |
3 Month Average | 147.712 % | £332,351 | £557,351 |
6 Month Average | 161.907 % | £364,291 | £589,291 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Nov 2023 | £913,525 | £900,000 | 67 HAMPTON ROAD |
21 Sep 2023 | £987,121 | £974,500 | 84 HAMPTON ROAD |
20 Sep 2023 | £993,706 | £981,000 | 25 LORNE ROAD |
27 Jan 2023 | £895,780 | £900,000 | 81 HAMPTON ROAD |
13 Jan 2023 | £1,094,843 | £1,100,000 | 88 HAMPTON ROAD |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 13 Nov 2014. Using an estimated price of £418,748 means this house is valued at £7,900 per sq meter (£734 per sq foot).
The average size of a house on SEBERT ROAD is 108 sq meters (1,164 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Public order | Under investigation | On or near Hampton Road |
Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Hampton Road |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Osborne Road |