£542,365
This estimated value is based upon the latest sale price for the house of £295,000 on 22 Jul 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 |
|---|---|
| £295,000 | 22 Jul 2005 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 74 sq meters or 796 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 July 2005 the House Price Index for GREATER LONDON was 80.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 83.853%.Applying this 83.853% change to the original purchase price of £295,000 results in an estimated price of approximately £542,365.
| 22 Jul 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.8 | 148.6 | 83.853 % | £295,000 | £247,365 | £542,365 |
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 | 142.660 % | £420,846 | £715,846 |
| 3 Month Average | 103.776 % | £306,139 | £601,139 |
| 6 Month Average | 143.904 % | £424,515 | £719,515 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £700,369 | £690,000 | FLAT 24 20 PALMERS ROAD |
| 11 Oct 2022 | £1,096,292 | £1,108,096 | 15 PALMERS ROAD |
| 28 Sep 2018 | £401,949 | £325,500 | FLAT 101 COTTERELL HOUSE, 23 PALMERS ROAD |
| 29 Mar 2018 | £827,092 | £660,000 | UNIT M13 VICTORIA WHARF PALMERS ROAD |
| 10 Jan 2018 | £878,528 | £700,000 | FLAT 9 2 PALMERS ROAD |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 30 Jan 2015. Using an estimated price of £542,366 means this house is valued at £7,329 per sq meter (£680 per sq foot).
The average size of a house on PALMERS ROAD is 72 sq meters (783 sq feet).