£280,721
This estimated value is based upon the latest sale price for the house of £150,000 on 28 Feb 2005. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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320 Romford Rd, Forest Gate, London, E7 8BD
Phone: 02080222695
| Price Paid | Date |
|---|---|
| £150,000 | 28 Feb 2005 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 58 sq meters or 624 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 February 2005 the House Price Index for GREATER LONDON was 79.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 87.147%.Applying this 87.147% change to the original purchase price of £150,000 results in an estimated price of approximately £280,721.
| 28 Feb 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.4 | 148.6 | 87.147 % | £150,000 | £130,721 | £280,721 |
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 | 284.267 % | £426,399 | £576,399 |
| 3 Month Average | 142.275 % | £213,412 | £363,412 |
| 6 Month Average | 157.562 % | £236,343 | £386,343 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £452,925 | £445,000 | 26 WINDSOR ROAD |
| 3 Nov 2023 | £446,612 | £440,000 | 78 OSBORNE ROAD |
| 29 Aug 2023 | £706,178 | £700,000 | 57 OSBORNE ROAD |
| 23 Aug 2023 | £76,166 | £75,500 | 29 OSBORNE ROAD |
| 30 Jun 2023 | £1,343,271 | £1,327,000 | 32 CLAREMONT ROAD |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 29 Nov 2012. Using an estimated price of £280,721 means this house is valued at £4,840 per sq meter (£449 per sq foot).
The average size of a house on CLAREMONT ROAD is 144 sq meters (1,555 sq feet).