£181,140
This estimated value is based upon the latest sale price for the house of £38,500 on 27 Jul 1998. 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 |
|---|---|
| £38,500 | 27 Jul 1998 |
| Flats/Maisonettes |
| Leasehold |
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 1998 the House Price Index for GREATER LONDON was 31.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 370.495%.Applying this 370.495% change to the original purchase price of £38,500 results in an estimated price of approximately £181,140.
| 27 Jul 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 31.8 | 149.7 | 370.495 % | £38,500 | £142,640 | £181,140 |
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 | 531.822 % | £204,751 | £243,251 |
| 3 Month Average | 528.875 % | £203,616 | £242,116 |
| 6 Month Average | 504.765 % | £194,334 | £232,834 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Jun 2024 | £340,000 | £340,000 | 58A GODWIN ROAD |
| 1 Sep 2023 | £889,611 | £870,000 | 65 GODWIN ROAD |
| 22 Aug 2023 | £938,935 | £922,000 | 46 LATIMER ROAD |
| 20 Mar 2023 | £691,549 | £680,000 | 101 GODWIN ROAD |
| 27 Jul 2022 | £421,726 | £417,500 | 44A LATIMER ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Godwin Road |
| Sep 2024 | Robbery | Under investigation | On or near Godwin Road |
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Godwin Road |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Godwin Road |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Godwin Road |