£341,593
This estimated value is based upon the latest sale price for the house of £245,000 on 16 Dec 2015. 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 |
---|---|
£245,000 | 16 Dec 2015 |
Flats/Maisonettes |
Leasehold |
Floor Area: 43 sq meters or 462 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 December 2015 the House Price Index for GREATER LONDON was 107.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 39.426%.Applying this 39.426% change to the original purchase price of £245,000 results in an estimated price of approximately £341,593.
16 Dec 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
107.4 | 149.7 | 39.426 % | £245,000 | £96,593 | £341,593 |
The Postcode Pricing Model uses changes in average sales price within the E1 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 | -15.330 % | £-37,558 | £207,441 |
3 Month Average | 12.634 % | £30,953 | £275,953 |
6 Month Average | 5.688 % | £13,936 | £258,936 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Apr 2024 | £337,935 | £335,000 | 2 APPLE TREE YARD |
2 Oct 2023 | £468,132 | £457,500 | FLAT 231 LEAMORE COURT, 1 MEATH CRESCENT |
20 Aug 2021 | £449,550 | £400,000 | 6 APPLE TREE YARD |
23 Dec 2019 | £278,065 | £225,000 | FLAT 10 LITCHAM HOUSE LONGNOR ROAD |
15 Nov 2019 | £365,715 | £296,000 | 108 LONGNOR ROAD |
This house has a floor area of 43 sq meters or 462 sq feet when measured on 21 Oct 2021. Using an estimated price of £341,593 means this house is valued at £7,944 per sq meter (£738 per sq foot).
The average size of a house on LONGNOR ROAD is 69 sq meters (746 sq feet).