£288,619
This estimated value is based upon the latest sale price for the house of £158,000 on 29 Sep 2005. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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341 Roman Road, Bow, E3 5QR
Phone: 02081152220
Price Paid | Date |
---|---|
£158,000 | 29 Sep 2005 |
£33,000 | 1 Mar 1995 |
Flats/Maisonettes |
Leasehold |
Floor Area: 62 sq meters or 667 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 September 2005 the House Price Index for GREATER LONDON was 81.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 82.671%.Applying this 82.671% change to the original purchase price of £158,000 results in an estimated price of approximately £288,619.
29 Sep 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
81.3 | 148.6 | 82.671 % | £158,000 | £130,619 | £288,619 |
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 | 96.291 % | £152,139 | £310,139 |
3 Month Average | 102.115 % | £161,342 | £319,342 |
6 Month Average | 111.969 % | £176,911 | £334,911 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
2 Feb 2023 | £724,512 | £725,000 | FLAT 2 180 GROVE ROAD |
18 Nov 2022 | £592,819 | £600,000 | 371A ROMAN ROAD |
16 Aug 2022 | £433,832 | £435,000 | FLAT 19 HOOKE HOUSE GERNON ROAD |
20 May 2022 | £458,642 | £450,000 | FLAT 13 ARDENT HOUSE, 320 ROMAN ROAD |
16 May 2022 | £326,655 | £320,500 | FLAT 4 IVANHOE HOUSE, 130 GROVE ROAD |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 24 Oct 2013. Using an estimated price of £288,620 means this house is valued at £4,655 per sq meter (£432 per sq foot).
The average size of a house on GERNON ROAD is 75 sq meters (817 sq feet).