£409,485
This estimated value is based upon the latest sale price for the house of £380,000 on 28 Sep 2021. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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498 Roman Road, Bethnal Green, Bow, London, E3 5LU
Phone: 02077686120
| Price Paid | Date |
|---|---|
| £380,000 | 28 Sep 2021 |
| £210,000 | 21 Nov 2012 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 50 sq meters or 538 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 September 2021 the House Price Index for GREATER LONDON was 137.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.759%.Applying this 7.759% change to the original purchase price of £380,000 results in an estimated price of approximately £409,485.
| 28 Sep 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 148.6 | 7.759 % | £380,000 | £29,485 | £409,485 |
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 | -27.042 % | £-102,759 | £277,240 |
| 3 Month Average | -3.686 % | £-14,005 | £365,994 |
| 6 Month Average | -3.917 % | £-14,884 | £365,115 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Sep 2023 | £572,318 | £565,000 | FLAT 3 ARTILLERY HOUSE, 6 BARGE LANE |
| 25 Aug 2023 | £529,633 | £525,000 | FLAT 41 CONNAUGHT WORKS, 251 OLD FORD ROAD |
| 25 Aug 2023 | £413,618 | £410,000 | FLAT 29 CONNAUGHT WORKS, 251 OLD FORD ROAD |
| 23 Jun 2023 | £744,012 | £735,000 | 7 WILLOW TREE CLOSE |
| 24 Mar 2023 | £487,089 | £482,500 | FLAT 51 CONNAUGHT WORKS, 251 OLD FORD ROAD |
This house has a floor area of 50 sq meters or 538 sq feet when measured on 28 May 2012. Using an estimated price of £409,485 means this house is valued at £8,189 per sq meter (£760 per sq foot).
The average size of a house on BARGE LANE is 81 sq meters (872 sq feet).
This house is the smallest in the street with a floor area of 50 sq meters (538 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Barge Lane | |
| Jan 2024 | Anti-social behaviour | On or near Barge Lane | |
| Jan 2024 | Anti-social behaviour | On or near Barge Lane | |
| Jan 2024 | Anti-social behaviour | On or near Barge Lane | |
| Jan 2024 | Public order | Under investigation | On or near Barge Lane |