£522,029
This estimated value is based upon the latest sale price for the house of £350,000 on 5 Dec 2014. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
Get our free house price tracker.
450 Romford Road, Forest Gate, E7 8DF
Phone: 02036411080
Price Paid | Date |
---|---|
£350,000 | 5 Dec 2014 |
£92,500 | 1 Dec 2000 |
Terraced |
Freehold |
Floor Area: 114 sq meters or 1,227 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 2014 the House Price Index for GREATER LONDON was 99.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.151%.Applying this 49.151% change to the original purchase price of £350,000 results in an estimated price of approximately £522,029.
5 Dec 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
99.6 | 148.6 | 49.151 % | £350,000 | £172,029 | £522,029 |
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 | 144.057 % | £504,199 | £854,199 |
3 Month Average | 60.566 % | £211,979 | £561,979 |
6 Month Average | 73.640 % | £257,740 | £607,740 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Oct 2022 | £484,780 | £490,000 | 28 SANDRINGHAM ROAD |
7 Jan 2022 | £495,684 | £471,000 | 64 HENDERSON ROAD |
30 Sep 2021 | £344,830 | £320,000 | 471 ROMFORD ROAD |
30 Jun 2021 | £488,181 | £455,000 | 25 HENDERSON ROAD |
18 Dec 2020 | £556,641 | £485,000 | 49 HENDERSON ROAD |
This house has a floor area of 114 sq meters or 1,227 sq feet when measured on 16 Jun 2014. Using an estimated price of £522,029 means this house is valued at £4,579 per sq meter (£425 per sq foot).
The average size of a house on SANDRINGHAM ROAD is 122 sq meters (1,322 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Under investigation | On or near Sandringham Road |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Sandringham Road |
Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Sandringham Road |
Jan 2024 | Robbery | Under investigation | On or near Romford Road |
Jan 2024 | Criminal damage and arson | Under investigation | On or near Romford Road |