£441,599
This estimated value is based upon the latest sale price for the house of £418,000 on 14 Feb 2022. 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 |
---|---|
£418,000 | 14 Feb 2022 |
£425,000 | 4 Mar 2016 |
Flats/Maisonettes |
Leasehold |
Floor Area: 63 sq meters or 678 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 February 2022 the House Price Index for GREATER LONDON was 141.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 5.646%.Applying this 5.646% change to the original purchase price of £418,000 results in an estimated price of approximately £441,599.
14 Feb 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
141.7 | 149.7 | 5.646 % | £418,000 | £23,599 | £441,599 |
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 | -33.908 % | £-141,736 | £276,263 |
3 Month Average | -6.633 % | £-27,725 | £390,274 |
6 Month Average | -2.515 % | £-10,512 | £407,487 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Jan 2023 | £10,528 | £10,500 | 101 ANTILL ROAD |
25 Jan 2023 | £1,002,679 | £1,000,000 | 19 SELWYN ROAD |
2 Aug 2022 | £1,034,839 | £1,030,000 | 126 ANTILL ROAD |
10 Jun 2022 | £832,802 | £815,000 | 96 COBORN ROAD |
14 Feb 2022 | £441,599 | £418,000 | FLAT 14 47 CHERRYWOOD CLOSE |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 10 Nov 2021. Using an estimated price of £441,599 means this house is valued at £7,009 per sq meter (£651 per sq foot).
The average size of a house on CHERRYWOOD CLOSE is 40 sq meters (437 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Vehicle crime | Under investigation | On or near Antill Road |