£1,164,481
This estimated value is based upon the latest sale price for the house of £942,500 on 27 Nov 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
Get our free house price tracker.
498 Roman Road, Bethnal Green, Bow, London, E3 5LU
Phone: 02077686120
| Price Paid | Date |
|---|---|
| £942,500 | 27 Nov 2019 |
| £999,995 | 9 Aug 2016 |
| £445,000 | 21 Dec 2009 |
| £310,000 | 24 Oct 2005 |
| Terraced |
| Freehold |
| Floor Area: 93 sq meters or 1,008 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 November 2019 the House Price Index for GREATER LONDON was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.552%.Applying this 23.552% change to the original purchase price of £942,500 results in an estimated price of approximately £1,164,481.
| 27 Nov 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.552 % | £942,500 | £221,981 | £1,164,481 |
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 | -22.883 % | £-215,675 | £726,824 |
| 3 Month Average | -14.651 % | £-138,089 | £804,410 |
| 6 Month Average | -4.074 % | £-38,399 | £904,100 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Jun 2023 | £523,491 | £513,000 | 8 ROSEBANK GARDENS |
| 23 Jun 2023 | £984,734 | £965,000 | 12 LYAL ROAD |
| 16 Jun 2023 | £1,020,450 | £1,000,000 | 51 LYAL ROAD |
| 22 Aug 2022 | £238,113 | £237,000 | 420 ROMAN ROAD |
| 11 Apr 2022 | £549,834 | £530,000 | 54 LYAL ROAD |
This house has a floor area of 93 sq meters or 1,008 sq feet when measured on 21 Nov 2009. Using an estimated price of £1,164,482 means this house is valued at £12,431 per sq meter (£1,154 per sq foot).
The average size of a house on NORMAN GROVE is 107 sq meters (1,153 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Norman Grove |
| Apr 2024 | Anti-social behaviour | On or near Viking Close | |
| Apr 2024 | Anti-social behaviour | On or near Viking Close | |
| Apr 2024 | Anti-social behaviour | On or near Viking Close | |
| Apr 2024 | Anti-social behaviour | On or near Viking Close |