£290,063
This estimated value is based upon the latest sale price for the house of £55,000 on 25 Mar 1997. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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320 Romford Rd, Forest Gate, London, E7 8BD
Phone: 02080222695
| Price Paid | Date |
|---|---|
| £55,000 | 25 Mar 1997 |
| Terraced |
| Freehold |
| Floor Area: 99 sq meters or 1,065 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 March 1997 the House Price Index for GREATER LONDON was 28.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 427.388%.Applying this 427.388% change to the original purchase price of £55,000 results in an estimated price of approximately £290,063.
| 25 Mar 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 28.4 | 149.7 | 427.388 % | £55,000 | £235,063 | £290,063 |
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 | 635.740 % | £349,656 | £404,656 |
| 3 Month Average | 631.174 % | £347,145 | £402,145 |
| 6 Month Average | 581.440 % | £319,792 | £374,792 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £325,878 | £320,000 | 42 GLENPARKE ROAD |
| 21 Feb 2023 | £503,362 | £500,000 | 28 GLENPARKE ROAD |
| 21 Nov 2022 | £417,050 | £419,000 | 69 KITCHENER ROAD |
| 23 Mar 2022 | £406,356 | £389,255 | 25A PALMERSTON ROAD |
| 2 Mar 2022 | £490,649 | £470,000 | 54 WHYTEVILLE ROAD |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 8 Aug 2015. Using an estimated price of £290,063 means this house is valued at £2,929 per sq meter (£272 per sq foot).
The average size of a house on STUDLEY ROAD is 91 sq meters (985 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Studley Road | |
| Sep 2024 | Anti-social behaviour | On or near Studley Road | |
| Sep 2024 | Anti-social behaviour | On or near Studley Road | |
| Sep 2024 | Anti-social behaviour | On or near Studley Road | |
| Sep 2024 | Anti-social behaviour | On or near Studley Road |