£616,621
This estimated value is based upon the latest sale price for the house of £268,000 on 5 Aug 2003. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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341 Roman Road, Bow, E3 5QR
Phone: 02081152220
| Price Paid | Date |
|---|---|
| £268,000 | 5 Aug 2003 |
| £120,000 | 10 Aug 1998 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 125 sq meters or 1,345 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 August 2003 the House Price Index for GREATER LONDON was 64.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 130.083%.Applying this 130.083% change to the original purchase price of £268,000 results in an estimated price of approximately £616,621.
| 5 Aug 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 64.6 | 148.6 | 130.083 % | £268,000 | £348,621 | £616,621 |
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 | 145.458 % | £389,826 | £657,826 |
| 3 Month Average | 120.132 % | £321,953 | £589,953 |
| 6 Month Average | 149.292 % | £400,102 | £668,102 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Sep 2023 | £1,023,081 | £1,010,000 | 75 CHISENHALE ROAD |
| 3 Aug 2023 | £1,240,855 | £1,230,000 | 23 CHISENHALE ROAD |
| 27 Jan 2023 | £1,608,672 | £1,616,250 | 58 CHISENHALE ROAD |
| 13 Sep 2022 | £357,116 | £360,000 | FLAT D 362 OLD FORD ROAD |
| 25 Aug 2022 | £484,695 | £486,000 | 15 TUFNELL COURT, 500 OLD FORD ROAD |
This house has a floor area of 125 sq meters or 1,345 sq feet when measured on 20 Dec 2016. Using an estimated price of £616,622 means this house is valued at £4,932 per sq meter (£458 per sq foot).
The average size of a house on OLD FORD ROAD is 67 sq meters (727 sq feet).