£228,441
This estimated value is based upon the latest sale price for the house of £187,250 on 4 Jun 2020. 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 |
---|---|
£187,250 | 4 Jun 2020 |
Flats/Maisonettes |
Leasehold |
Floor Area: 67 sq meters or 721 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 June 2020 the House Price Index for GREATER LONDON was 122.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.998%.Applying this 21.998% change to the original purchase price of £187,250 results in an estimated price of approximately £228,441.
4 Jun 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
122.7 | 149.7 | 21.998 % | £187,250 | £41,191 | £228,441 |
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 | 5.810 % | £10,879 | £198,129 |
3 Month Average | 15.808 % | £29,600 | £216,850 |
6 Month Average | 14.317 % | £26,808 | £214,058 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Apr 2024 | £250,173 | £248,000 | FLAT 25 1 TWIG FOLLY CLOSE |
1 Jun 2023 | £25,511 | £25,000 | 234 OLD FORD ROAD |
28 Oct 2022 | £523,252 | £525,000 | FLAT 101 STOP LOCK APARTMENT, 4 POUND PATH |
30 Jun 2022 | £536,468 | £525,000 | FLAT 8 2 TWIG FOLLY CLOSE |
6 Jun 2022 | £464,939 | £455,000 | FLAT 402 CARRIERS APARTMENT, 21 STONEWAY WALK |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 28 Sep 2019. Using an estimated price of £228,441 means this house is valued at £3,409 per sq meter (£316 per sq foot).
The average size of a house on OLD FORD ROAD is 67 sq meters (727 sq feet).