£550,956
This estimated value is based upon the latest sale price for the house of £152,000 on 3 Nov 2000. 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 |
|---|---|
| £152,000 | 3 Nov 2000 |
| Terraced |
| Freehold |
| Floor Area: 98 sq meters or 1,054 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 2000 the House Price Index for GREATER LONDON was 40.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 262.471%.Applying this 262.471% change to the original purchase price of £152,000 results in an estimated price of approximately £550,956.
| 3 Nov 2000 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 40.8 | 148.0 | 262.471 % | £152,000 | £398,956 | £550,956 |
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 | 340.106 % | £516,961 | £668,961 |
| 3 Month Average | 483.382 % | £734,740 | £886,740 |
| 6 Month Average | 416.830 % | £633,581 | £785,581 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Apr 2024 | £736,999 | £736,999 | 44 RIDLEY ROAD |
| 13 Dec 2023 | £423,003 | £415,000 | 124A GODWIN ROAD |
| 22 Aug 2023 | £603,671 | £600,000 | 54 TYLNEY ROAD |
| 21 Aug 2023 | £387,356 | £385,000 | 124B GODWIN ROAD |
| 10 Mar 2023 | £829,484 | £825,000 | 70 RIDLEY ROAD |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 16 Aug 2012. Using an estimated price of £550,956 means this house is valued at £5,622 per sq meter (£522 per sq foot).
The average size of a house on RIDLEY ROAD is 91 sq meters (985 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 | Vehicle crime | Under investigation | On or near Tylney Road |
| Apr 2024 | Anti-social behaviour | On or near Tylney Road | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Tylney Road |