£392,425
This estimated value is based upon the latest sale price for the house of £230,000 on 23 Apr 2012. 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 |
---|---|
£230,000 | 23 Apr 2012 |
Flats/Maisonettes |
Leasehold |
Floor Area: 37 sq meters or 398 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 April 2012 the House Price Index for GREATER LONDON was 87.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.620%.Applying this 70.620% change to the original purchase price of £230,000 results in an estimated price of approximately £392,425.
23 Apr 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.1 | 148.6 | 70.620 % | £230,000 | £162,425 | £392,425 |
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 | 53.043 % | £121,998 | £351,998 |
3 Month Average | 54.237 % | £124,744 | £354,744 |
6 Month Average | 76.941 % | £176,964 | £406,964 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Nov 2023 | £1,294,160 | £1,275,000 | 53 KENILWORTH ROAD |
9 Jun 2023 | £1,265,327 | £1,250,000 | 35 KENILWORTH ROAD |
16 Jan 2023 | £855,968 | £860,000 | 24 KENILWORTH ROAD |
18 Nov 2022 | £563,178 | £570,000 | 2C VIVIAN ROAD |
18 Nov 2022 | £592,819 | £600,000 | 371A ROMAN ROAD |
This house has a floor area of 37 sq meters or 398 sq feet when measured on 28 Sep 2014. Using an estimated price of £392,425 means this house is valued at £10,606 per sq meter (£985 per sq foot).
The average size of a house on VIVIAN ROAD is 88 sq meters (956 sq feet).
This house is the smallest in the street with a floor area of 37 sq meters (398 sq feet).