£372,060
This estimated value is based upon the latest sale price for the house of £225,000 on 30 Aug 2013. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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320 Romford Rd, Forest Gate, London, E7 8BD
Phone: 02080222695
| Price Paid | Date |
|---|---|
| £225,000 | 30 Aug 2013 |
| £54,950 | 31 Jul 1996 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 57 sq meters or 613 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 August 2013 the House Price Index for GREATER LONDON was 89.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 65.360%.Applying this 65.360% change to the original purchase price of £225,000 results in an estimated price of approximately £372,060.
| 30 Aug 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.9 | 148.6 | 65.360 % | £225,000 | £147,060 | £372,060 |
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 | 190.048 % | £427,608 | £652,608 |
| 3 Month Average | 87.199 % | £196,196 | £421,196 |
| 6 Month Average | 105.439 % | £237,237 | £462,237 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2023 | £383,354 | £380,000 | 12 KEBBELL TERRACE |
| 30 Jun 2022 | £811,468 | £800,000 | 12 PALMERSTON ROAD |
| 21 Oct 2020 | £305,002 | £260,000 | 13 SYLVAN ROAD |
| 14 Oct 2020 | £375,387 | £320,000 | 32 KEBBELL TERRACE |
| 24 Oct 2019 | £331,107 | £270,000 | FLAT 4 JACKSON COURT, 314 ROMFORD ROAD |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 15 Feb 2018.
The average size of a house on ROMFORD ROAD is 78 sq meters (845 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Vale Road |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Vale Road |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Vale Road |