£465,520
This estimated value is based upon the latest sale price for the house of £375,000 on 16 Nov 2018. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Medway Road
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447 Roman Road, London, E3 5LX
Phone: 02036418145
Price Paid | Date |
---|---|
£375,000 | 16 Nov 2018 |
£207,500 | 28 Aug 2009 |
£165,000 | 28 Nov 2003 |
Flats/Maisonettes |
Leasehold |
Floor Area: 39 sq meters or 419 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 2018 the House Price Index for GREATER LONDON was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.139%.Applying this 24.139% change to the original purchase price of £375,000 results in an estimated price of approximately £465,520.
16 Nov 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.6 | 149.7 | 24.139 % | £375,000 | £90,520 | £465,520 |
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 | -30.482 % | £-114,307 | £260,692 |
3 Month Average | -2.677 % | £-10,039 | £364,960 |
6 Month Average | 19.153 % | £71,825 | £446,825 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
23 Jun 2023 | £984,734 | £965,000 | 12 LYAL ROAD |
16 Jun 2023 | £1,020,450 | £1,000,000 | 51 LYAL ROAD |
16 Jun 2023 | £459,202 | £450,000 | 3 STONELEIGH MEWS |
28 Feb 2023 | £1,107,397 | £1,100,000 | 2 STANFIELD ROAD |
11 Apr 2022 | £549,834 | £530,000 | 54 LYAL ROAD |
This house has a floor area of 39 sq meters or 419 sq feet when measured on 24 May 2018. Using an estimated price of £465,520 means this house is valued at £11,936 per sq meter (£1,108 per sq foot).
The average size of a house on MEDWAY MEWS is 62 sq meters (672 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Burglary | Under investigation | On or near Medway Road |
Apr 2024 | Anti-social behaviour | On or near Medway Road | |
Apr 2024 | Anti-social behaviour | On or near Medway Road | |
Apr 2024 | Anti-social behaviour | On or near Medway Road | |
Apr 2024 | Anti-social behaviour | On or near Medway Road |