£408,719
This estimated value is based upon the latest sale price for the house of £225,500 on 30 Nov 2005. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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471 Romford Road, Forest Gate, London, E7 8AB
Phone: 02080335952
Price Paid | Date |
---|---|
£225,500 | 30 Nov 2005 |
Terraced |
Freehold |
Floor Area: 111 sq meters or 1,194 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 2005 the House Price Index for GREATER LONDON was 82.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 81.250%.Applying this 81.250% change to the original purchase price of £225,500 results in an estimated price of approximately £408,719.
30 Nov 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
82.0 | 148.6 | 81.250 % | £225,500 | £183,219 | £408,719 |
The Postcode Pricing Model uses changes in average sales price within the E7 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 | 114.931 % | £259,168 | £484,668 |
3 Month Average | 178.114 % | £401,647 | £627,147 |
6 Month Average | 149.320 % | £336,716 | £562,216 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Dec 2023 | £422,390 | £415,000 | 124A GODWIN ROAD |
3 Nov 2023 | £893,224 | £880,000 | 123 GODWIN ROAD |
11 Sep 2023 | £795,167 | £785,000 | 107 GODWIN ROAD |
1 Sep 2023 | £881,268 | £870,000 | 65 GODWIN ROAD |
21 Aug 2023 | £388,398 | £385,000 | 124B GODWIN ROAD |
This house has a floor area of 111 sq meters or 1,194 sq feet when measured on 16 Oct 2019. Using an estimated price of £408,719 means this house is valued at £3,682 per sq meter (£342 per sq foot).
The average size of a house on TYLNEY ROAD is 108 sq meters (1,168 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Lorne Road |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Lorne Road |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Tylney Road |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Tylney Road |
Jan 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Tylney Road |