£548,604
This estimated value is based upon the latest sale price for the house of £98,000 on 7 Jun 1996. 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 |
|---|---|
| £98,000 | 7 Jun 1996 |
| Terraced |
| Freehold |
| Floor Area: 108 sq meters or 1,162 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 June 1996 the House Price Index for GREATER LONDON was 26.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 459.800%.Applying this 459.800% change to the original purchase price of £98,000 results in an estimated price of approximately £548,604.
| 7 Jun 1996 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.5 | 148.6 | 459.800 % | £98,000 | £450,604 | £548,604 |
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 | 1008.915 % | £988,736 | £1,086,736 |
| 3 Month Average | 597.850 % | £585,893 | £683,893 |
| 6 Month Average | 662.267 % | £649,022 | £747,022 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Nov 2023 | £827,247 | £815,000 | 113 OSBORNE ROAD |
| 6 Nov 2023 | £913,525 | £900,000 | 67 HAMPTON ROAD |
| 21 Sep 2023 | £987,121 | £974,500 | 84 HAMPTON ROAD |
| 27 Jan 2023 | £895,780 | £900,000 | 81 HAMPTON ROAD |
| 13 Jan 2023 | £1,094,843 | £1,100,000 | 88 HAMPTON ROAD |
This house has a floor area of 108 sq meters or 1,162 sq feet when measured on 1 Dec 2015. Using an estimated price of £548,604 means this house is valued at £5,079 per sq meter (£471 per sq foot).
The average size of a house on HAMPTON ROAD is 139 sq meters (1,497 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Public order | Under investigation | On or near Hampton Road |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Hampton Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Osborne Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Sebert Road |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Sebert Road |