£178,374
This estimated value is based upon the latest sale price for the house of £175,000 on 20 Dec 2023. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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498 Roman Road, Bethnal Green, Bow, London, E3 5LU
Phone: 02077686120
Price Paid | Date |
---|---|
£175,000 | 20 Dec 2023 |
Flats/Maisonettes |
Leasehold |
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 December 2023 the House Price Index for GREATER LONDON was 145.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 1.928%.Applying this 1.928% change to the original purchase price of £175,000 results in an estimated price of approximately £178,374.
20 Dec 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
145.2 | 148.0 | 1.928 % | £175,000 | £3,374 | £178,374 |
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 | -19.210 % | £-33,616 | £141,383 |
3 Month Average | -7.264 % | £-12,712 | £162,287 |
6 Month Average | 1.390 % | £2,431 | £177,431 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £178,375 | £175,000 | FLAT 13 47 CHERRYWOOD CLOSE |
22 Nov 2023 | £435,592 | £430,000 | FLAT 12 TUTELAGE COURT, 31 COLLEGE TERRACE |
29 Jun 2023 | £680,518 | £675,000 | FLAT 6 TUTELAGE COURT, 31 COLLEGE TERRACE |
17 Feb 2023 | £771,352 | £775,000 | FLAT 11 TUTELAGE COURT, 31 COLLEGE TERRACE |
30 Jan 2023 | £10,409 | £10,500 | 101 ANTILL ROAD |