£454,708
This estimated value is based upon the latest sale price for the house of £236,000 on 19 Aug 2004. 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 |
|---|---|
| £236,000 | 19 Aug 2004 |
| Terraced |
| Freehold |
| Floor Area: 109 sq meters or 1,173 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 2004 the House Price Index for GREATER LONDON was 77.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 92.673%.Applying this 92.673% change to the original purchase price of £236,000 results in an estimated price of approximately £454,708.
| 19 Aug 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 77.1 | 148.6 | 92.673 % | £236,000 | £218,708 | £454,708 |
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 | 273.693 % | £645,915 | £881,915 |
| 3 Month Average | 151.941 % | £358,581 | £594,581 |
| 6 Month Average | 167.413 % | £395,095 | £631,095 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Oct 2022 | £484,780 | £490,000 | 28 SANDRINGHAM ROAD |
| 1 Jul 2022 | £238,642 | £238,000 | 3B ST DUNSTANS ROAD |
| 28 Jun 2022 | £329,659 | £325,000 | 26A HENDERSON ROAD |
| 31 Jan 2022 | £502,525 | £477,500 | 7 FINDEN ROAD |
| 6 Dec 2021 | £192,848 | £180,000 | 13 FINDEN ROAD |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 3 Nov 2014. Using an estimated price of £454,708 means this house is valued at £4,171 per sq meter (£387 per sq foot).
The average size of a house on RATCLIFF ROAD is 102 sq meters (1,104 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Ratcliff Road | |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ratcliff Road |
| Jan 2024 | Anti-social behaviour | On or near Ratcliff Road | |
| Jan 2024 | Anti-social behaviour | On or near Ratcliff Road | |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Ratcliff Road |