£340,244
This estimated value is based upon the latest sale price for the house of £78,500 on 30 Jul 1999. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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734 Romford Road, Manor Park, London, E12 6BT
Phone: 02081664058
Price Paid | Date |
---|---|
£78,500 | 30 Jul 1999 |
Terraced |
Freehold |
Floor Area: 113 sq meters or 1,216 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 1999 the House Price Index for GREATER LONDON was 34.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 333.432%.Applying this 333.432% change to the original purchase price of £78,500 results in an estimated price of approximately £340,244.
30 Jul 1999 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
34.3 | 148.6 | 333.432 % | £78,500 | £261,744 | £340,244 |
The Postcode Pricing Model uses changes in average sales price within the E12 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 | 291.356 % | £228,714 | £307,214 |
3 Month Average | 552.119 % | £433,413 | £511,913 |
6 Month Average | 471.125 % | £369,833 | £448,333 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Jan 2022 | £510,418 | £485,000 | 49 SECOND AVENUE |
30 Jun 2021 | £375,523 | £350,000 | SECOND FLOOR FLAT 15 FORTIS GREEN AVENUE |
28 Jun 2021 | £488,181 | £455,000 | 41 FIRST AVENUE |
14 Dec 2020 | £522,210 | £455,000 | 11 FIRST AVENUE |
24 Jun 2020 | £469,268 | £387,500 | 65B SECOND AVENUE |
This house has a floor area of 113 sq meters or 1,216 sq feet when measured on 12 Dec 2015. Using an estimated price of £340,244 means this house is valued at £3,011 per sq meter (£279 per sq foot).
The average size of a house on SECOND AVENUE is 118 sq meters (1,279 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Other theft | Under investigation | On or near Second Avenue |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Second Avenue |
Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Second Avenue |
Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Second Avenue |
Dec 2023 | Violence and sexual offences | Under investigation | On or near First Avenue |