£335,162
This estimated value is based upon the latest sale price for the house of £76,000 on 22 Jun 1999. 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 |
|---|---|
| £76,000 | 22 Jun 1999 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 80 sq meters or 861 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 1999 the House Price Index for GREATER LONDON was 33.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 341.003%.Applying this 341.003% change to the original purchase price of £76,000 results in an estimated price of approximately £335,162.
| 22 Jun 1999 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 33.9 | 149.7 | 341.003 % | £76,000 | £259,162 | £335,162 |
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 | 223.789 % | £170,079 | £246,079 |
| 3 Month Average | 262.213 % | £199,281 | £275,281 |
| 6 Month Average | 307.233 % | £233,496 | £309,496 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £896,163 | £880,000 | 24 SAXON ROAD |
| 29 Jun 2023 | £523,491 | £513,000 | 8 ROSEBANK GARDENS |
| 28 Apr 2023 | £422,910 | £415,000 | 5 ROSEBANK GARDENS |
| 17 Apr 2023 | £446,349 | £438,000 | 71 ROSEBANK GARDENS |
| 17 Mar 2023 | £772,908 | £760,000 | 11 ST STEPHENS ROAD |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 3 Aug 2012. Using an estimated price of £335,162 means this house is valued at £4,189 per sq meter (£389 per sq foot).
The average size of a house on ROSEBANK GARDENS is 71 sq meters (771 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Saxon Road |
| Apr 2024 | Other theft | Under investigation | On or near Saxon Road |