£729,238
This estimated value is based upon the latest sale price for the house of £420,000 on 25 Nov 2011. 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 |
---|---|
£420,000 | 25 Nov 2011 |
£369,995 | 7 Jul 2006 |
Flats/Maisonettes |
Leasehold |
Floor Area: 79 sq meters or 858 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 2011 the House Price Index for GREATER LONDON was 86.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.628%.Applying this 73.628% change to the original purchase price of £420,000 results in an estimated price of approximately £729,238.
25 Nov 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.2 | 149.7 | 73.628 % | £420,000 | £309,238 | £729,238 |
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 | 100.376 % | £421,580 | £841,580 |
3 Month Average | 80.783 % | £339,289 | £759,289 |
6 Month Average | 80.466 % | £337,958 | £757,958 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Nov 2023 | £707,971 | £690,000 | FLAT 24 20 PALMERS ROAD |
11 Oct 2022 | £1,104,407 | £1,108,096 | 15 PALMERS ROAD |
28 Sep 2018 | £404,924 | £325,500 | FLAT 101 COTTERELL HOUSE, 23 PALMERS ROAD |
29 Mar 2018 | £833,214 | £660,000 | UNIT M13 VICTORIA WHARF PALMERS ROAD |
10 Jan 2018 | £885,032 | £700,000 | FLAT 9 2 PALMERS ROAD |
This house has a floor area of 79 sq meters or 858 sq feet when measured on 23 May 2011. Using an estimated price of £729,238 means this house is valued at £9,142 per sq meter (£849 per sq foot).
The average size of a house on PALMERS ROAD is 72 sq meters (783 sq feet).