£591,508
This estimated value is based upon the latest sale price for the house of £480,000 on 1 Oct 2018. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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595 Roman Road, Bow, E3 5EL
Phone: 02080333647
Price Paid | Date |
---|---|
£480,000 | 1 Oct 2018 |
£378,000 | 14 Jul 2016 |
Flats/Maisonettes |
Leasehold |
Floor Area: 84 sq meters or 904 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 October 2018 the House Price Index for GREATER LONDON was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.231%.Applying this 23.231% change to the original purchase price of £480,000 results in an estimated price of approximately £591,508.
1 Oct 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.6 | 148.6 | 23.231 % | £480,000 | £111,508 | £591,508 |
The Postcode Pricing Model uses changes in average sales price within the E3 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 | 2.842 % | £13,641 | £493,641 |
3 Month Average | 11.047 % | £53,024 | £533,024 |
6 Month Average | 28.156 % | £135,149 | £615,149 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Aug 2023 | £420,680 | £417,000 | FLAT 6 HEATHFIELD COURT, 248 TREDEGAR ROAD |
21 Jul 2023 | £359,843 | £355,000 | FLAT 15 HEATHFIELD COURT, 248 TREDEGAR ROAD |
19 Jun 2023 | £197,391 | £195,000 | FLAT 1 HEATHFIELD COURT, 248 TREDEGAR ROAD |
28 Apr 2023 | £394,245 | £390,000 | 73 HEWISON STREET |
17 Mar 2023 | £457,308 | £453,000 | 35 PARNELL ROAD |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 28 Jan 2016. Using an estimated price of £591,509 means this house is valued at £7,041 per sq meter (£654 per sq foot).
The average size of a house on PARNELL ROAD is 76 sq meters (826 sq feet).