£255,088
This estimated value is based upon the latest sale price for the house of £207,000 on 5 Oct 2018. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Old Ford Road
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447 Roman Road, London, E3 5LX
Phone: 02036418145
Price Paid | Date |
---|---|
£207,000 | 5 Oct 2018 |
Flats/Maisonettes |
Leasehold |
Floor Area: 64 sq meters or 688 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 2018 the House Price Index for GREATER LONDON was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.231%.Applying this 23.231% change to the original purchase price of £207,000 results in an estimated price of approximately £255,088.
5 Oct 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.6 | 148.6 | 23.231 % | £207,000 | £48,088 | £255,088 |
The Postcode Pricing Model uses changes in average sales price within the E3 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 | -4.366 % | £-9,036 | £197,963 |
3 Month Average | 0.865 % | £1,790 | £208,790 |
6 Month Average | 25.295 % | £52,361 | £259,361 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Sep 2023 | £425,440 | £420,000 | FLAT 30 DETHICK COURT FORD ROAD |
25 Sep 2023 | £572,318 | £565,000 | FLAT 3 ARTILLERY HOUSE, 6 BARGE LANE |
1 Sep 2023 | £790,102 | £780,000 | FLAT 23 VERMILION APARTMENTS, 16 GUNMAKERS LANE |
14 Jun 2023 | £612,418 | £605,000 | 454 OLD FORD ROAD |
28 Apr 2023 | £444,789 | £440,000 | FLAT 17 DETHICK COURT FORD ROAD |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 1 Nov 2013. Using an estimated price of £255,088 means this house is valued at £3,985 per sq meter (£370 per sq foot).
The average size of a house on GUNMAKERS LANE is 65 sq meters (710 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Burglary | Under investigation | On or near Old Ford Road |