£511,747
This estimated value is based upon the latest sale price for the house of £340,000 on 10 Sep 2014. 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 |
|---|---|
| £340,000 | 10 Sep 2014 |
| £250,000 | 27 Jun 2008 |
| £190,000 | 24 May 2006 |
| £157,000 | 11 Mar 2003 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 84 sq meters or 904 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 2014 the House Price Index for GREATER LONDON was 98.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 50.514%.Applying this 50.514% change to the original purchase price of £340,000 results in an estimated price of approximately £511,747.
| 10 Sep 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.7 | 148.6 | 50.514 % | £340,000 | £171,747 | £511,747 |
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 | 25.124 % | £85,422 | £425,422 |
| 3 Month Average | 24.656 % | £83,831 | £423,831 |
| 6 Month Average | 34.272 % | £116,525 | £456,525 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £543,040 | £535,000 | FLAT 1 STURDY HOUSE, 3 GERNON ROAD |
| 1 Jun 2023 | £1,113,488 | £1,100,000 | 71 STRAHAN ROAD |
| 3 Feb 2023 | £624,580 | £625,000 | 103A GROVE ROAD |
| 16 May 2022 | £326,655 | £320,500 | FLAT 4 IVANHOE HOUSE, 130 GROVE ROAD |
| 21 Dec 2021 | £396,410 | £370,000 | FLAT 16 STURDY HOUSE, 3 GERNON ROAD |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 27 Apr 2021. Using an estimated price of £511,747 means this house is valued at £6,092 per sq meter (£565 per sq foot).
The average size of a house on GERNON ROAD is 75 sq meters (817 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Theft from the person | Under investigation | On or near Thoydon Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Thoydon Road |
| Apr 2024 | Vehicle crime | Under investigation | On or near Arbery Road |
| Apr 2024 | Bicycle theft | Under investigation | On or near Arbery Road |
| Feb 2024 | Bicycle theft | Under investigation | On or near Arbery Road |