£915,007
This estimated value is based upon the latest sale price for the house of £250,000 on 17 Oct 2000. 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 |
---|---|
£250,000 | 17 Oct 2000 |
Terraced |
Freehold |
Floor Area: 185 sq meters or 1,991 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 October 2000 the House Price Index for GREATER LONDON was 40.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 266.003%.Applying this 266.003% change to the original purchase price of £250,000 results in an estimated price of approximately £915,007.
17 Oct 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
40.6 | 148.6 | 266.003 % | £250,000 | £665,007 | £915,007 |
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 | 605.445 % | £1,513,612 | £1,763,612 |
3 Month Average | 370.432 % | £926,079 | £1,176,079 |
6 Month Average | 414.705 % | £1,036,763 | £1,286,763 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Nov 2023 | £827,247 | £815,000 | 113 OSBORNE ROAD |
21 Sep 2023 | £987,121 | £974,500 | 84 HAMPTON ROAD |
7 Sep 2023 | £638,160 | £630,000 | 71A WINDSOR ROAD |
4 Aug 2023 | £617,401 | £612,000 | 66D WINDSOR ROAD |
20 Mar 2023 | £1,186,175 | £1,175,000 | 88 CLAREMONT ROAD |
This house has a floor area of 185 sq meters or 1,991 sq feet when measured on 6 Nov 2014. Using an estimated price of £915,007 means this house is valued at £4,945 per sq meter (£459 per sq foot).
The average size of a house on CLAREMONT ROAD is 144 sq meters (1,555 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Other theft | Under investigation | On or near Claremont Road |
Dec 2023 | Violence and sexual offences | Under investigation | On or near Claremont Road |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Osborne Road |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Windsor Road |
Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Windsor Road |