£347,600
This estimated value is based upon the latest sale price for the house of £280,000 on 30 Oct 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 Lanfranc Road
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341 Roman Road, Bow, E3 5QR
Phone: 02081152220
Price Paid | Date |
---|---|
£280,000 | 30 Oct 2018 |
£176,000 | 3 Dec 2010 |
£130,000 | 30 Jun 2004 |
£40,000 | 11 Feb 1998 |
Flats/Maisonettes |
Leasehold |
Floor Area: 46 sq meters or 495 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 October 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 24.143%.Applying this 24.143% change to the original purchase price of £280,000 results in an estimated price of approximately £347,600.
30 Oct 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.6 | 149.7 | 24.143 % | £280,000 | £67,600 | £347,600 |
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 | -21.108 % | £-59,101 | £220,898 |
3 Month Average | -1.893 % | £-5,301 | £274,698 |
6 Month Average | 19.464 % | £54,499 | £334,499 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Mar 2024 | £509,325 | £501,500 | FLAT 11 GRENVILLE HOUSE, 39 ARBERY ROAD |
17 Nov 2023 | £548,934 | £535,000 | FLAT 1 STURDY HOUSE, 3 GERNON ROAD |
24 Jan 2022 | £291,555 | £275,000 | FLAT 5 CRANE HOUSE, 350 ROMAN ROAD |
21 Dec 2021 | £399,344 | £370,000 | FLAT 16 STURDY HOUSE, 3 GERNON ROAD |
19 Jul 2021 | £509,420 | £440,000 | FLAT 8 DARING HOUSE, 360 ROMAN ROAD |
This house has a floor area of 46 sq meters or 495 sq feet when measured on 24 Aug 2010. Using an estimated price of £347,601 means this house is valued at £7,556 per sq meter (£702 per sq foot).
The average size of a house on ARBERY ROAD is 90 sq meters (975 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Burglary | Under investigation | On or near Lanfranc Road |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Lanfranc Road |