£562,124
This estimated value is based upon the latest sale price for the house of £230,000 on 28 Mar 2003. 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 |
|---|---|
| £230,000 | 28 Mar 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 116 sq meters or 1,256 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 March 2003 the House Price Index for GREATER LONDON was 61.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 144.402%.Applying this 144.402% change to the original purchase price of £230,000 results in an estimated price of approximately £562,124.
| 28 Mar 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 61.3 | 149.7 | 144.402 % | £230,000 | £332,124 | £562,124 |
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 | 219.774 % | £505,480 | £735,480 |
| 3 Month Average | 216.609 % | £498,201 | £728,201 |
| 6 Month Average | 196.686 % | £452,378 | £682,378 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Jun 2024 | £340,000 | £340,000 | 58A GODWIN ROAD |
| 20 Sep 2023 | £1,003,113 | £981,000 | 25 LORNE ROAD |
| 1 Sep 2023 | £889,611 | £870,000 | 65 GODWIN ROAD |
| 22 Aug 2023 | £938,935 | £922,000 | 46 LATIMER ROAD |
| 20 Mar 2023 | £691,549 | £680,000 | 101 GODWIN ROAD |
This house has a floor area of 116 sq meters or 1,256 sq feet when measured on 13 Feb 2012. Using an estimated price of £562,125 means this house is valued at £4,813 per sq meter (£447 per sq foot).
The average size of a house on LATIMER ROAD is 117 sq meters (1,260 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Godwin Road |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Godwin Road |
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Godwin Road |
| Sep 2024 | Robbery | Under investigation | On or near Godwin Road |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Godwin Road |