£355,570
This estimated value is based upon the latest sale price for the house of £100,000 on 28 Feb 2001. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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236 Roman Road, London, E2 0RY
Phone: 02035443918
Price Paid | Date |
---|---|
£100,000 | 28 Feb 2001 |
Flats/Maisonettes |
Leasehold |
Floor Area: 62 sq meters or 667 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 February 2001 the House Price Index for GREATER LONDON was 42.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 255.570%.Applying this 255.570% change to the original purchase price of £100,000 results in an estimated price of approximately £355,570.
28 Feb 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
42.1 | 149.7 | 255.570 % | £100,000 | £255,570 | £355,570 |
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 | 357.422 % | £357,421 | £457,421 |
3 Month Average | 280.707 % | £280,707 | £380,707 |
6 Month Average | 274.803 % | £274,802 | £374,802 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Jun 2024 | £335,000 | £335,000 | FLAT 55 OFFENBACH HOUSE MACE STREET |
7 May 2024 | £360,500 | £360,500 | FLAT 30 MARY MACARTHUR HOUSE WARLEY STREET |
15 Sep 2023 | £403,904 | £395,000 | FLAT 57 ELLEN WILKINSON HOUSE USK STREET |
4 Aug 2023 | £333,515 | £327,500 | FLAT 25 CHATER HOUSE ROMAN ROAD |
26 Apr 2023 | £305,718 | £300,000 | FLAT 12 GEORGE BELT HOUSE SMART STREET |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 11 Sep 2020. Using an estimated price of £355,570 means this house is valued at £5,735 per sq meter (£532 per sq foot).
The average size of a house on USK STREET is 72 sq meters (782 sq feet).