£398,212
This estimated value is based upon the latest sale price for the house of £389,255 on 23 Mar 2022. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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320 Romford Rd, Forest Gate, London, E7 8BD
Phone: 02080222695
Price Paid | Date |
---|---|
£389,255 | 23 Mar 2022 |
£160,000 | 17 Oct 2001 |
Flats/Maisonettes |
Leasehold |
Floor Area: 69 sq meters or 742 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 2022 the House Price Index for GREATER LONDON was 143.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 2.301%.Applying this 2.301% change to the original purchase price of £389,255 results in an estimated price of approximately £398,212.
23 Mar 2022 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
143.4 | 146.7 | 2.301 % | £389,255 | £8,957 | £398,212 |
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 | 80.622 % | £313,824 | £703,079 |
3 Month Average | -8.954 % | £-34,855 | £354,399 |
6 Month Average | 0.734 % | £2,858 | £392,113 |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 27 Mar 2017.
The average size of a house on PALMERSTON ROAD is 104 sq meters (1,123 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Glenparke Road |
Dec 2023 | Anti-social behaviour | On or near Glenparke Road | |
Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Glenparke Road |
Dec 2023 | Anti-social behaviour | On or near Glenparke Road | |
Dec 2023 | Anti-social behaviour | On or near Glenparke Road |