£609,409
This estimated value is based upon the latest sale price for the house of £330,000 on 15 Aug 2005. 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 |
|---|---|
| £330,000 | 15 Aug 2005 |
| Terraced |
| Freehold |
| Floor Area: 109 sq meters or 1,173 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 August 2005 the House Price Index for GREATER LONDON was 81.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 84.670%.Applying this 84.670% change to the original purchase price of £330,000 results in an estimated price of approximately £609,409.
| 15 Aug 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.1 | 149.7 | 84.670 % | £330,000 | £279,409 | £609,409 |
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 | 53.192 % | £175,533 | £505,533 |
| 3 Month Average | 80.577 % | £265,903 | £595,903 |
| 6 Month Average | 99.744 % | £329,153 | £659,153 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £548,934 | £535,000 | FLAT 1 STURDY HOUSE, 3 GERNON ROAD |
| 21 Sep 2023 | £774,984 | £757,900 | APARTMENT 1501 GRAND REGENT TOWER, 2 CADMIUM SQUARE |
| 3 Feb 2023 | £629,203 | £625,000 | 103A GROVE ROAD |
| 16 Aug 2022 | £437,044 | £435,000 | FLAT 19 HOOKE HOUSE GERNON ROAD |
| 16 May 2022 | £329,073 | £320,500 | FLAT 4 IVANHOE HOUSE, 130 GROVE ROAD |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 14 Oct 2013. Using an estimated price of £609,410 means this house is valued at £5,590 per sq meter (£519 per sq foot).
There is one other house on the street which we know the size of, this is 9 HAVERFIELD ROAD it is 100.59