£384,393
This estimated value is based upon the latest sale price for the house of £120,500 on 14 Dec 2001. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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498 Roman Road, Bethnal Green, Bow, London, E3 5LU
Phone: 02077686120
Price Paid | Date |
---|---|
£120,500 | 14 Dec 2001 |
Flats/Maisonettes |
Leasehold |
Floor Area: 47 sq meters or 505 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 December 2001 the House Price Index for GREATER LONDON was 46.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 218.999%.Applying this 218.999% change to the original purchase price of £120,500 results in an estimated price of approximately £384,393.
14 Dec 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
46.9 | 149.7 | 218.999 % | £120,500 | £263,893 | £384,393 |
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 | 116.692 % | £140,613 | £261,113 |
3 Month Average | 150.057 % | £180,818 | £301,318 |
6 Month Average | 177.050 % | £213,345 | £333,845 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
23 Jun 2023 | £984,734 | £965,000 | 12 LYAL ROAD |
16 Jun 2023 | £1,020,450 | £1,000,000 | 51 LYAL ROAD |
28 Feb 2023 | £1,107,397 | £1,100,000 | 2 STANFIELD ROAD |
30 Jan 2023 | £10,528 | £10,500 | 101 ANTILL ROAD |
25 Jan 2023 | £1,002,679 | £1,000,000 | 19 SELWYN ROAD |
This house has a floor area of 47 sq meters or 505 sq feet when measured on 7 May 2019. Using an estimated price of £384,394 means this house is valued at £8,178 per sq meter (£759 per sq foot).
The average size of a house on VIKING CLOSE is 72 sq meters (776 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Vehicle crime | Under investigation | 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 | |
Apr 2024 | Anti-social behaviour | On or near Viking Close |