£666,781
This estimated value is based upon the latest sale price for the house of £665,000 on 18 Jan 2023. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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447 Roman Road, London, E3 5LX
Phone: 02036418145
Price Paid | Date |
---|---|
£665,000 | 18 Jan 2023 |
£330,000 | 17 Aug 2005 |
£199,640 | 22 Oct 2003 |
Flats/Maisonettes |
Leasehold |
Floor Area: 66 sq meters or 710 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 January 2023 the House Price Index for GREATER LONDON was 149.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.268%.Applying this 0.268% change to the original purchase price of £665,000 results in an estimated price of approximately £666,781.
18 Jan 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
149.3 | 149.7 | 0.268 % | £665,000 | £1,781 | £666,781 |
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 | -36.681 % | £-243,931 | £421,068 |
3 Month Average | -20.384 % | £-135,553 | £529,446 |
6 Month Average | -4.506 % | £-29,962 | £635,037 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Oct 2023 | £429,761 | £420,000 | FLAT 27 CONNAUGHT WORKS, 251 OLD FORD ROAD |
25 Sep 2023 | £577,736 | £565,000 | FLAT 3 ARTILLERY HOUSE, 6 BARGE LANE |
1 Sep 2023 | £797,582 | £780,000 | FLAT 23 VERMILION APARTMENTS, 16 GUNMAKERS LANE |
25 Aug 2023 | £417,531 | £410,000 | FLAT 29 CONNAUGHT WORKS, 251 OLD FORD ROAD |
25 Aug 2023 | £534,643 | £525,000 | FLAT 41 CONNAUGHT WORKS, 251 OLD FORD ROAD |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 13 Nov 2019. Using an estimated price of £666,782 means this house is valued at £10,102 per sq meter (£938 per sq foot).
The average size of a house on BARGE LANE is 81 sq meters (872 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Gunmakers Lane |