£611,296
This estimated value is based upon the latest sale price for the house of £140,000 on 16 Jul 1999. 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 |
|---|---|
| £140,000 | 16 Jul 1999 |
| £70,000 | 8 Jun 1995 |
| £55,000 | 9 May 1995 |
| Terraced |
| Freehold |
| Floor Area: 122 sq meters or 1,313 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 July 1999 the House Price Index for GREATER LONDON was 34.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 336.640%.Applying this 336.640% change to the original purchase price of £140,000 results in an estimated price of approximately £611,296.
| 16 Jul 1999 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 34.3 | 149.7 | 336.640 % | £140,000 | £471,296 | £611,296 |
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 | 956.848 % | £1,339,587 | £1,479,587 |
| 3 Month Average | 483.496 % | £676,894 | £816,894 |
| 6 Month Average | 498.434 % | £697,808 | £837,808 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 May 2024 | £1,015,000 | £1,015,000 | 93 OSBORNE ROAD |
| 30 Jun 2023 | £1,354,137 | £1,327,000 | 32 CLAREMONT ROAD |
| 3 Aug 2022 | £723,383 | £720,000 | 100 SEBERT ROAD |
| 4 Jul 2022 | £858,603 | £850,000 | 30 CLAREMONT ROAD |
| 31 Mar 2022 | £396,695 | £380,000 | 33 WINDSOR ROAD |
This house has a floor area of 122 sq meters or 1,313 sq feet when measured on 26 Mar 2015. Using an estimated price of £611,297 means this house is valued at £5,010 per sq meter (£465 per sq foot).
The average size of a house on OSBORNE ROAD is 135 sq meters (1,456 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Richmond Road | |
| Apr 2024 | Anti-social behaviour | On or near Richmond Road | |
| Apr 2024 | Anti-social behaviour | On or near Richmond Road | |
| Apr 2024 | Anti-social behaviour | On or near Richmond Road |