£1,478,439
This estimated value is based upon the latest sale price for the house of £1,086,500 on 30 Mar 2016. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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41 Roman Road, Bethnal Green, London, E2 0HU
Phone: 02034783601
| Price Paid | Date |
|---|---|
| £1,086,500 | 30 Mar 2016 |
| £365,000 | 26 Aug 2005 |
| Terraced |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 March 2016 the House Price Index for GREATER LONDON was 110.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 36.074%.Applying this 36.074% change to the original purchase price of £1,086,500 results in an estimated price of approximately £1,478,439.
| 30 Mar 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 149.7 | 36.074 % | £1,086,500 | £391,939 | £1,478,439 |
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 | 33.877 % | £368,078 | £1,454,578 |
| 3 Month Average | 3.371 % | £36,622 | £1,123,122 |
| 6 Month Average | 1.468 % | £15,950 | £1,102,450 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Dec 2023 | £324,986 | £315,000 | FLAT 46 BURNHAM ESTATE BURNHAM STREET |
| 24 Oct 2023 | £526,969 | £515,000 | 10 MERCERON HOUSES |
| 5 Oct 2023 | £573,014 | £560,000 | FLAT 17 GRETTON HOUSE, 305 GLOBE ROAD |
| 29 Sep 2023 | £1,354,867 | £1,325,000 | 94 CYPRUS STREET |
| 12 May 2022 | £503,107 | £490,000 | 3 SUGAR LOAF WALK |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 25 Nov 2015. Using an estimated price of £1,478,440 means this house is valued at £15,728 per sq meter (£1,461 per sq foot).
The average size of a house on GLOBE ROAD is 71 sq meters (767 sq feet).