£996,368
This estimated value is based upon the latest sale price for the house of £346,000 on 14 Jun 2002. 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 |
|---|---|
| £346,000 | 14 Jun 2002 |
| Terraced |
| Freehold |
| Floor Area: 135 sq meters or 1,453 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 June 2002 the House Price Index for GREATER LONDON was 52.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 187.968%.Applying this 187.968% change to the original purchase price of £346,000 results in an estimated price of approximately £996,368.
| 14 Jun 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 52.0 | 149.7 | 187.968 % | £346,000 | £650,368 | £996,368 |
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 | 289.411 % | £1,001,361 | £1,347,361 |
| 3 Month Average | 202.491 % | £700,617 | £1,046,617 |
| 6 Month Average | 191.993 % | £664,294 | £1,010,294 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £707,971 | £690,000 | FLAT 24 20 PALMERS ROAD |
| 11 Oct 2022 | £1,104,407 | £1,108,096 | 15 PALMERS ROAD |
| 18 Sep 2020 | £544,258 | £455,000 | FLAT 16 JUSTINES PLACE, 17 PALMERS ROAD |
| 27 Mar 2020 | £436,807 | £360,000 | 27 PALMERS ROAD |
| 28 Nov 2019 | £92,664 | £75,000 | FLAT 9 JUSTINES PLACE, 17 PALMERS ROAD |
This house has a floor area of 135 sq meters or 1,453 sq feet when measured on 29 Oct 2019. Using an estimated price of £996,368 means this house is valued at £7,380 per sq meter (£685 per sq foot).
The average size of a house on PALMERS ROAD is 72 sq meters (783 sq feet).