£356,664
This estimated value is based upon the latest sale price for the house of £200,000 on 21 Sep 2009. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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498 Roman Road, Bethnal Green, Bow, London, E3 5LU
Phone: 02077686120
| Price Paid | Date |
|---|---|
| £200,000 | 21 Sep 2009 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 80 sq meters or 861 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 2009 the House Price Index for GREATER LONDON was 83.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 78.332%.Applying this 78.332% change to the original purchase price of £200,000 results in an estimated price of approximately £356,664.
| 21 Sep 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 83.3 | 148.6 | 78.332 % | £200,000 | £156,664 | £356,664 |
The Postcode Pricing Model uses changes in average sales price within the E3 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 | 82.773 % | £165,545 | £365,545 |
| 3 Month Average | 75.678 % | £151,355 | £351,355 |
| 6 Month Average | 83.720 % | £167,439 | £367,439 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £458,014 | £450,000 | 127 ST STEPHENS ROAD |
| 18 Aug 2023 | £539,974 | £535,250 | 91 ST STEPHENS ROAD |
| 29 Jun 2023 | £519,290 | £513,000 | 8 ROSEBANK GARDENS |
| 28 Apr 2023 | £419,517 | £415,000 | 5 ROSEBANK GARDENS |
| 17 Apr 2023 | £442,767 | £438,000 | 71 ROSEBANK GARDENS |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 8 Feb 2020. Using an estimated price of £356,664 means this house is valued at £4,458 per sq meter (£414 per sq foot).
The average size of a house on ROSEBANK GARDENS is 71 sq meters (771 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Rosebank Gardens |
| Jan 2024 | Drugs | Awaiting court outcome | On or near Dane Place |