£503,891
This estimated value is based upon the latest sale price for the house of £107,995 on 11 Aug 1998. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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471 Romford Road, Forest Gate, London, E7 8AB
Phone: 02080335952
| Price Paid | Date |
|---|---|
| £107,995 | 11 Aug 1998 |
| Terraced |
| Freehold |
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 August 1998 the House Price Index for GREATER LONDON was 31.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 366.588%.Applying this 366.588% change to the original purchase price of £107,995 results in an estimated price of approximately £503,891.
| 11 Aug 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 31.8 | 148.6 | 366.588 % | £107,995 | £395,896 | £503,891 |
The Postcode Pricing Model uses changes in average sales price within the E7 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 | 769.807 % | £831,353 | £939,348 |
| 3 Month Average | 484.592 % | £523,335 | £631,330 |
| 6 Month Average | 536.486 % | £579,378 | £687,373 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Aug 2023 | £930,137 | £922,000 | 46 LATIMER ROAD |
| 3 Aug 2022 | £718,067 | £720,000 | 100 SEBERT ROAD |
| 4 Jul 2022 | £827,227 | £825,000 | 50 LATIMER ROAD |
| 26 Oct 2021 | £1,327,774 | £1,200,000 | 82 SEBERT ROAD |
| 11 Oct 2021 | £995,830 | £900,000 | 57 HAMPTON ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Sebert Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Sebert Road |
| Jan 2024 | Public order | Under investigation | On or near Hampton Road |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Hampton Road |