£673,290
This estimated value is based upon the latest sale price for the house of £185,000 on 6 Nov 2000. 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 |
|---|---|
| £185,000 | 6 Nov 2000 |
| £55,000 | 11 Aug 1997 |
| Terraced |
| Freehold |
| Floor Area: 29 sq meters or 312 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 2000 the House Price Index for GREATER LONDON was 40.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 263.941%.Applying this 263.941% change to the original purchase price of £185,000 results in an estimated price of approximately £673,290.
| 6 Nov 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 40.8 | 148.6 | 263.941 % | £185,000 | £488,290 | £673,290 |
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 | 206.648 % | £382,298 | £567,298 |
| 3 Month Average | 200.788 % | £371,458 | £556,458 |
| 6 Month Average | 242.232 % | £448,128 | £633,128 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Jun 2023 | £519,290 | £513,000 | 8 ROSEBANK GARDENS |
| 28 Apr 2023 | £419,517 | £415,000 | 5 ROSEBANK GARDENS |
| 12 Jan 2023 | £736,531 | £740,000 | FLAT 7 473A ROMAN ROAD |
| 22 Aug 2022 | £236,364 | £237,000 | 420 ROMAN ROAD |
| 31 May 2022 | £443,354 | £435,000 | FLAT 1 473A ROMAN ROAD |
This house has a floor area of 29 sq meters or 312 sq feet when measured on 20 Jan 2017. Using an estimated price of £673,290 means this house is valued at £23,216 per sq meter (£2,156 per sq foot).
The average size of a house on ROMAN ROAD is 59 sq meters (637 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Under investigation | On or near Dane Place |
| Feb 2024 | Other theft | Under investigation | On or near Dane Place |
| Feb 2024 | Vehicle crime | Under investigation | On or near Dane Place |
| Jan 2024 | Drugs | Awaiting court outcome | On or near Dane Place |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Ford Close |