£306,611
This estimated value is based upon the latest sale price for the house of £250,000 on 1 Nov 2019. 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 Richmond Road
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471 Romford Road, Forest Gate, London, E7 8AB
Phone: 02080335952
| Price Paid | Date |
|---|---|
| £250,000 | 1 Nov 2019 |
| £134,000 | 22 Jul 2005 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 66 sq meters or 710 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 November 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 22.645%.Applying this 22.645% change to the original purchase price of £250,000 results in an estimated price of approximately £306,611.
| 1 Nov 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.645 % | £250,000 | £56,611 | £306,611 |
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 | 51.220 % | £128,051 | £378,051 |
| 3 Month Average | 12.241 % | £30,601 | £280,601 |
| 6 Month Average | 24.080 % | £60,199 | £310,199 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £452,925 | £445,000 | 26 WINDSOR ROAD |
| 30 Jun 2023 | £1,343,271 | £1,327,000 | 32 CLAREMONT ROAD |
| 2 Sep 2022 | £297,597 | £300,000 | 355C ROMFORD ROAD |
| 4 Jul 2022 | £852,294 | £850,000 | 30 CLAREMONT ROAD |
| 31 Mar 2022 | £393,780 | £380,000 | 33 WINDSOR ROAD |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 24 Apr 2017. Using an estimated price of £306,611 means this house is valued at £4,645 per sq meter (£431 per sq foot).
The average size of a house on RICHMOND ROAD is 69 sq meters (748 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Richmond Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Richmond Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Richmond Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Richmond Road |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Richmond Road |