£420,588
This estimated value is based upon the latest sale price for the house of £245,000 on 19 Dec 2011. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
Get our free house price tracker.
471 Romford Road, Forest Gate, London, E7 8AB
Phone: 02080335952
| Price Paid | Date |
|---|---|
| £245,000 | 19 Dec 2011 |
| Terraced |
| Freehold |
| Floor Area: 86 sq meters or 928 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 December 2011 the House Price Index for GREATER LONDON was 86.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 71.669%.Applying this 71.669% change to the original purchase price of £245,000 results in an estimated price of approximately £420,588.
| 19 Dec 2011 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.2 | 148.0 | 71.669 % | £245,000 | £175,588 | £420,588 |
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 | 92.260 % | £226,036 | £471,036 |
| 3 Month Average | 140.419 % | £344,027 | £589,027 |
| 6 Month Average | 123.860 % | £303,456 | £548,456 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Aug 2023 | £603,671 | £600,000 | 54 TYLNEY ROAD |
| 27 Jul 2022 | £416,937 | £417,500 | 44A LATIMER ROAD |
| 4 Jul 2022 | £823,887 | £825,000 | 50 LATIMER ROAD |
| 25 Feb 2022 | £913,903 | £875,000 | 39 LORNE ROAD |
| 24 Jun 2021 | £667,870 | £625,000 | 53A LORNE ROAD |
This house has a floor area of 86 sq meters or 928 sq feet when measured on 19 Jul 2011. Using an estimated price of £420,589 means this house is valued at £4,873 per sq meter (£452 per sq foot).
The average size of a house on LORNE ROAD is 94 sq meters (1,021 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Tylney Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Tylney Road |
| Apr 2024 | Anti-social behaviour | On or near Tylney Road | |
| Apr 2024 | Vehicle crime | Under investigation | On or near Tylney Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Tylney Road |