£858,426
This estimated value is based upon the latest sale price for the house of £700,000 on 10 Oct 2019. 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 |
---|---|
£700,000 | 10 Oct 2019 |
£56,000 | 20 Jun 2002 |
Terraced |
Freehold |
Floor Area: 79 sq meters or 858 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 October 2019 the House Price Index for GREATER LONDON was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.632%.Applying this 22.632% change to the original purchase price of £700,000 results in an estimated price of approximately £858,426.
10 Oct 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.2 | 148.6 | 22.632 % | £700,000 | £158,426 | £858,426 |
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 | 29.933 % | £209,531 | £909,531 |
3 Month Average | 17.246 % | £120,723 | £820,723 |
6 Month Average | 32.700 % | £228,903 | £928,903 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Dec 2023 | £422,390 | £415,000 | 124A GODWIN ROAD |
3 Nov 2023 | £893,224 | £880,000 | 123 GODWIN ROAD |
11 Sep 2023 | £795,167 | £785,000 | 107 GODWIN ROAD |
22 Aug 2023 | £605,295 | £600,000 | 54 TYLNEY ROAD |
21 Aug 2023 | £388,398 | £385,000 | 124B GODWIN ROAD |
This house has a floor area of 79 sq meters or 858 sq feet when measured on 4 Jan 2012. Using an estimated price of £858,426 means this house is valued at £10,757 per sq meter (£999 per sq foot).
The average size of a house on GODWIN ROAD is 99 sq meters (1,071 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Tylney Road |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Tylney Road |
Jan 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Tylney Road |
Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Tylney Road |
Dec 2023 | Theft from the person | Investigation complete; no suspect identified | On or near Tylney Road |