£493,946
This estimated value is based upon the latest sale price for the house of £400,000 on 21 Sep 2018. 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 |
---|---|
£400,000 | 21 Sep 2018 |
£186,000 | 22 Mar 2007 |
Flats/Maisonettes |
Leasehold |
Floor Area: 52 sq meters or 559 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 2018 the House Price Index for GREATER LONDON was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.487%.Applying this 23.487% change to the original purchase price of £400,000 results in an estimated price of approximately £493,946.
21 Sep 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 148.6 | 23.487 % | £400,000 | £93,946 | £493,946 |
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 | 16.458 % | £65,831 | £465,831 |
3 Month Average | 1.135 % | £4,539 | £404,539 |
6 Month Average | 20.733 % | £82,932 | £482,932 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Aug 2023 | £421,185 | £417,500 | FLAT 25 SIDNEY HOUSE OLD FORD ROAD |
17 Feb 2023 | £839,435 | £840,000 | FLAT 2 211 OLD FORD ROAD |
10 Feb 2023 | £414,721 | £415,000 | FLAT 45 MARK HOUSE SEWARDSTONE ROAD |
31 Mar 2022 | £1,036,262 | £1,000,000 | 222 OLD FORD ROAD |
25 Feb 2022 | £807,495 | £770,000 | FLAT 3 211 OLD FORD ROAD |
This house has a floor area of 52 sq meters or 559 sq feet when measured on 24 Jul 2017. Using an estimated price of £493,946 means this house is valued at £9,498 per sq meter (£882 per sq foot).
The average size of a house on SEWARDSTONE ROAD is 67 sq meters (728 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Under investigation | On or near Old Ford Road |