£609,857
This estimated value is based upon the latest sale price for the house of £500,000 on 31 Jan 2020. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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595 Roman Road, Bow, E3 5EL
Phone: 02080333647
Price Paid | Date |
---|---|
£500,000 | 31 Jan 2020 |
£465,000 | 11 Sep 2015 |
£170,000 | 4 Apr 2003 |
Flats/Maisonettes |
Leasehold |
Floor Area: 107 sq meters or 1,151 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 January 2020 the House Price Index for GREATER LONDON was 121.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 21.971%.Applying this 21.971% change to the original purchase price of £500,000 results in an estimated price of approximately £609,857.
31 Jan 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.8 | 148.6 | 21.971 % | £500,000 | £109,857 | £609,857 |
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 | 2.798 % | £13,991 | £513,991 |
3 Month Average | 5.976 % | £29,878 | £529,878 |
6 Month Average | 3.952 % | £19,760 | £519,760 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Aug 2023 | £529,633 | £525,000 | FLAT 41 CONNAUGHT WORKS, 251 OLD FORD ROAD |
28 Apr 2023 | £547,899 | £542,000 | 72 PULTENEY CLOSE |
4 Aug 2022 | £543,537 | £545,000 | 5 TUFNELL COURT, 500 OLD FORD ROAD |
2 Aug 2022 | £279,248 | £280,000 | 4 RANWELL CLOSE |
25 Feb 2022 | £660,678 | £630,000 | FLAT 68 CONNAUGHT WORKS, 251 OLD FORD ROAD |
This house has a floor area of 107 sq meters or 1,151 sq feet when measured on 13 May 2015. Using an estimated price of £609,857 means this house is valued at £5,699 per sq meter (£529 per sq foot).
The average size of a house on OLD FORD ROAD is 67 sq meters (727 sq feet).