£1,065,126
This estimated value is based upon the latest sale price for the house of £800,000 on 23 Aug 2016. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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41 Roman Road, Bethnal Green, London, E2 0HU
Phone: 02034783601
Price Paid | Date |
---|---|
£800,000 | 23 Aug 2016 |
£69,500 | 27 Jan 1995 |
Flats/Maisonettes |
Leasehold |
Floor Area: 102 sq meters or 1,097 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 August 2016 the House Price Index for GREATER LONDON was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.141%.Applying this 33.141% change to the original purchase price of £800,000 results in an estimated price of approximately £1,065,126.
23 Aug 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.6 | 148.6 | 33.141 % | £800,000 | £265,126 | £1,065,126 |
The Postcode Pricing Model uses changes in average sales price within the E2 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 | -7.662 % | £-61,296 | £738,703 |
3 Month Average | -8.786 % | £-70,284 | £729,715 |
6 Month Average | 12.457 % | £99,653 | £899,653 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Jul 2023 | £458,673 | £452,500 | FLAT 12 MORRIS HOUSE ROMAN ROAD |
11 Apr 2023 | £353,810 | £350,000 | FLAT 1 MILTON HOUSE ROMAN ROAD |
16 May 2022 | £509,602 | £500,000 | FLAT 36 MORRIS HOUSE ROMAN ROAD |
12 May 2022 | £499,410 | £490,000 | 3 SUGAR LOAF WALK |
4 Apr 2022 | £478,857 | £465,000 | FLAT 24 MONTFORT HOUSE, 26 VICTORIA PARK SQUARE |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 27 Jun 2016. Using an estimated price of £1,065,126 means this house is valued at £10,442 per sq meter (£970 per sq foot).
The average size of a house on VICTORIA PARK SQUARE is 66 sq meters (710 sq feet).