£350,944
This estimated value is based upon the latest sale price for the house of £350,000 on 5 Jul 2022. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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450 Romford Road, Forest Gate, E7 8DF
Phone: 02036411080
Price Paid | Date |
---|---|
£350,000 | 5 Jul 2022 |
£170,000 | 26 Jul 2013 |
£49,000 | 22 Jun 1998 |
Terraced |
Freehold |
Floor Area: 49 sq meters or 527 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 July 2022 the House Price Index for GREATER LONDON was 148.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 0.270%.Applying this 0.270% change to the original purchase price of £350,000 results in an estimated price of approximately £350,944.
5 Jul 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
148.2 | 148.6 | 0.270 % | £350,000 | £944 | £350,944 |
The Postcode Pricing Model uses changes in average sales price within the E12 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 | -43.243 % | £-151,351 | £198,648 |
3 Month Average | 30.630 % | £107,205 | £457,205 |
6 Month Average | 3.101 % | £10,852 | £360,852 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Jan 2023 | £253,804 | £255,000 | 86 CLARENCE ROAD |
18 Nov 2022 | £494,016 | £500,000 | 15 LAPWING TERRACE |
5 Jul 2022 | £350,945 | £350,000 | 94 CLARENCE ROAD |
1 Jul 2022 | £330,891 | £330,000 | 49 CLARENCE ROAD |
24 Jan 2022 | £778,782 | £740,000 | 22 CLARENCE ROAD |
This house has a floor area of 49 sq meters or 527 sq feet when measured on 16 Apr 2013. Using an estimated price of £350,945 means this house is valued at £7,162 per sq meter (£665 per sq foot).
The average size of a house on CLARENCE ROAD is 80 sq meters (870 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Violence and sexual offences | Under investigation | On or near Cornwell Crescent |
Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Wymans Way |
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Clarence Road |
Jan 2024 | Criminal damage and arson | Under investigation | On or near Clarence Road |