£381,331
This estimated value is based upon the latest sale price for the house of £350,000 on 16 Nov 2021. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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447 Roman Road, London, E3 5LX
Phone: 02036418145
Price Paid | Date |
---|---|
£350,000 | 16 Nov 2021 |
£209,000 | 12 Sep 2008 |
£170,000 | 15 May 2006 |
£133,000 | 20 Dec 2001 |
£62,500 | 8 Dec 1997 |
Flats/Maisonettes |
Leasehold |
Floor Area: 36 sq meters or 387 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 2021 the House Price Index for GREATER LONDON was 137.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.952%.Applying this 8.952% change to the original purchase price of £350,000 results in an estimated price of approximately £381,331.
16 Nov 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
137.4 | 149.7 | 8.952 % | £350,000 | £31,331 | £381,331 |
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 | -31.421 % | £-109,972 | £240,027 |
3 Month Average | -13.388 % | £-46,858 | £303,141 |
6 Month Average | -8.241 % | £-28,843 | £321,156 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Apr 2024 | £1,129,811 | £1,120,000 | 34 DRIFFIELD ROAD |
1 Dec 2023 | £1,186,457 | £1,150,000 | 73 DRIFFIELD ROAD |
24 Nov 2023 | £733,622 | £715,000 | 39B DRIFFIELD ROAD |
2 Jun 2023 | £397,975 | £390,000 | FLAT 6 THE LORD PALMERSTON HEWLETT ROAD |
28 Apr 2023 | £896,773 | £880,000 | 7 HEWLETT ROAD |
This house has a floor area of 36 sq meters or 387 sq feet when measured on 21 Aug 2020. Using an estimated price of £381,332 means this house is valued at £10,592 per sq meter (£984 per sq foot).
The average size of a house on DRIFFIELD ROAD is 95 sq meters (1,026 sq feet).