£687,614
This estimated value is based upon the latest sale price for the house of £395,000 on 29 Jul 2011. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Balmer Road
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498 Roman Road, Bethnal Green, Bow, London, E3 5LU
Phone: 02077686120
| Price Paid | Date |
|---|---|
| £395,000 | 29 Jul 2011 |
| £295,000 | 20 Sep 2002 |
| Terraced |
| Freehold |
| Floor Area: 92 sq meters or 996 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 2011 the House Price Index for GREATER LONDON was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.080%.Applying this 74.080% change to the original purchase price of £395,000 results in an estimated price of approximately £687,614.
| 29 Jul 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 149.7 | 74.080 % | £395,000 | £292,614 | £687,614 |
The Postcode Pricing Model uses changes in average sales price within the E3 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 | 66.120 % | £261,175 | £656,175 |
| 3 Month Average | 81.443 % | £321,697 | £716,697 |
| 6 Month Average | 73.927 % | £292,013 | £687,013 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £1,083,287 | £1,050,000 | 19 TREDEGAR ROAD |
| 9 Aug 2023 | £404,801 | £397,500 | 6B TREDEGAR ROAD |
| 30 Jun 2023 | £510,225 | £500,000 | 27 MALMESBURY ROAD |
| 12 Apr 2023 | £529,912 | £520,000 | 39 MALMESBURY ROAD |
| 27 Jan 2023 | £421,125 | £420,000 | 45 MALMESBURY ROAD |
This house has a floor area of 92 sq meters or 996 sq feet when measured on 31 Mar 2011. Using an estimated price of £687,614 means this house is valued at £7,430 per sq meter (£690 per sq foot).
The average size of a house on TREDEGAR ROAD is 64 sq meters (691 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Balmer Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Balmer Road |
| Oct 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Balmer Road |
| Oct 2024 | Burglary | Investigation complete; no suspect identified | On or near Balmer Road |
| Oct 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Balmer Road |