£289,574
This estimated value is based upon the latest sale price for the house of £173,000 on 1 Mar 2013. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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341 Roman Road, Bow, E3 5QR
Phone: 02081152220
| Price Paid | Date |
|---|---|
| £173,000 | 1 Mar 2013 |
| £120,000 | 19 Mar 2004 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 48 sq meters or 516 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 March 2013 the House Price Index for GREATER LONDON was 88.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 67.384%.Applying this 67.384% change to the original purchase price of £173,000 results in an estimated price of approximately £289,574.
| 1 Mar 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.8 | 148.6 | 67.384 % | £173,000 | £116,574 | £289,574 |
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 | 50.840 % | £87,953 | £260,953 |
| 3 Month Average | 44.445 % | £76,889 | £249,889 |
| 6 Month Average | 55.077 % | £95,283 | £268,283 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £543,040 | £535,000 | FLAT 1 STURDY HOUSE, 3 GERNON ROAD |
| 1 Jun 2023 | £1,113,488 | £1,100,000 | 71 STRAHAN ROAD |
| 16 May 2022 | £326,655 | £320,500 | FLAT 4 IVANHOE HOUSE, 130 GROVE ROAD |
| 24 Jan 2022 | £289,412 | £275,000 | FLAT 5 CRANE HOUSE, 350 ROMAN ROAD |
| 21 Dec 2021 | £396,410 | £370,000 | FLAT 16 STURDY HOUSE, 3 GERNON ROAD |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 3 Jun 2019. Using an estimated price of £289,575 means this house is valued at £6,032 per sq meter (£560 per sq foot).
The average size of a house on GERNON ROAD is 75 sq meters (817 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Theft from the person | Under investigation | On or near Olga Street |
| Mar 2024 | Other theft | Under investigation | On or near Conyer Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Conyer Street |
| Jan 2024 | Vehicle crime | Under investigation | On or near Conyer Street |
| Mar 2024 | Anti-social behaviour | On or near Medhurst Close |