£363,445
This estimated value is based upon the latest sale price for the house of £197,500 on 1 Sep 2005. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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41 Roman Road, Bethnal Green, London, E2 0HU
Phone: 02034783601
| Price Paid | Date |
|---|---|
| £197,500 | 1 Sep 2005 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 42 sq meters or 452 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 2005 the House Price Index for GREATER LONDON was 81.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 84.023%.Applying this 84.023% change to the original purchase price of £197,500 results in an estimated price of approximately £363,445.
| 1 Sep 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.3 | 149.7 | 84.023 % | £197,500 | £165,945 | £363,445 |
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 | 194.415 % | £383,970 | £581,470 |
| 3 Month Average | 127.098 % | £251,018 | £448,518 |
| 6 Month Average | 123.014 % | £242,951 | £440,451 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Oct 2023 | £526,969 | £515,000 | 10 MERCERON HOUSES |
| 5 Oct 2023 | £573,014 | £560,000 | FLAT 17 GRETTON HOUSE, 305 GLOBE ROAD |
| 6 Apr 2022 | £570,582 | £550,000 | FLAT 4 MULBERRY HOUSE VICTORIA PARK SQUARE |
| 4 Apr 2022 | £482,401 | £465,000 | FLAT 24 MONTFORT HOUSE, 26 VICTORIA PARK SQUARE |
| 18 Mar 2022 | £443,672 | £425,000 | FLAT 30 WESTBROOK HOUSE VICTORIA PARK SQUARE |
This house has a floor area of 42 sq meters or 452 sq feet when measured on 1 Sep 2021. Using an estimated price of £363,445 means this house is valued at £8,653 per sq meter (£803 per sq foot).
The average size of a house on VICTORIA PARK SQUARE is 66 sq meters (710 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Bicycle theft | Under investigation | On or near Victoria Park Square |
| Apr 2024 | Theft from the person | Under investigation | On or near Victoria Park Square |