£485,353
This estimated value is based upon the latest sale price for the house of £395,000 on 31 Jan 2020. 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 |
---|---|
£395,000 | 31 Jan 2020 |
£65,000 | 7 Feb 2000 |
Flats/Maisonettes |
Leasehold |
Floor Area: 64 sq meters or 688 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 January 2020 the House Price Index for GREATER LONDON was 121.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 22.874%.Applying this 22.874% change to the original purchase price of £395,000 results in an estimated price of approximately £485,353.
31 Jan 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.8 | 149.7 | 22.874 % | £395,000 | £90,353 | £485,353 |
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 | 104.314 % | £412,039 | £807,039 |
3 Month Average | 8.608 % | £34,001 | £429,001 |
6 Month Average | 8.334 % | £32,918 | £427,918 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £340,462 | £330,000 | FLAT 25 THOMAS HOLLYWOOD HOUSE APPROACH ROAD |
3 Nov 2023 | £567,506 | £553,100 | FLAT 18 EBENEZER MUSSEL HOUSE PATRIOT SQUARE |
5 Oct 2023 | £573,014 | £560,000 | FLAT 17 GRETTON HOUSE, 305 GLOBE ROAD |
29 Sep 2023 | £1,354,867 | £1,325,000 | 94 CYPRUS STREET |
15 Aug 2023 | £468,449 | £460,000 | FLAT 2 ALLEN E MCAULIFFE HOUSE APPROACH ROAD |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 16 Oct 2015. Using an estimated price of £485,353 means this house is valued at £7,583 per sq meter (£704 per sq foot).
The average size of a house on APPROACH ROAD is 75 sq meters (809 sq feet).