£327,635
This estimated value is based upon the latest sale price for the house of £72,000 on 9 Feb 1999. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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41 Roman Road, Bethnal Green, London, E2 0HU
Phone: 02034783601
Price Paid | Date |
---|---|
£72,000 | 9 Feb 1999 |
Flats/Maisonettes |
Leasehold |
Floor Area: 42 sq meters or 457 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 February 1999 the House Price Index for GREATER LONDON was 32.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 355.049%.Applying this 355.049% change to the original purchase price of £72,000 results in an estimated price of approximately £327,635.
9 Feb 1999 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
32.9 | 149.7 | 355.049 % | £72,000 | £255,635 | £327,635 |
The Postcode Pricing Model uses changes in average sales price within the E2 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 | 641.711 % | £462,031 | £534,031 |
3 Month Average | 472.406 % | £340,132 | £412,132 |
6 Month Average | 451.737 % | £325,250 | £397,250 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Dec 2023 | £324,986 | £315,000 | FLAT 46 BURNHAM ESTATE BURNHAM STREET |
24 Oct 2023 | £526,969 | £515,000 | 10 MERCERON HOUSES |
6 Oct 2023 | £358,134 | £350,000 | FLAT 24 MUSEUM HOUSE BURNHAM STREET |
29 Jul 2022 | £363,644 | £360,000 | FLAT 9 MUSEUM HOUSE BURNHAM STREET |
12 May 2022 | £503,107 | £490,000 | 3 SUGAR LOAF WALK |
This house has a floor area of 42 sq meters or 457 sq feet when measured on 3 Jul 2010. Using an estimated price of £327,635 means this house is valued at £7,709 per sq meter (£716 per sq foot).
The average size of a house on SUGAR LOAF WALK is 56 sq meters (605 sq feet).
This house is the smallest in the street with a floor area of 42 sq meters (457 sq feet).