£613,222
This estimated value is based upon the latest sale price for the house of £500,000 on 27 Nov 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
Get our free house price tracker.
320 Romford Rd, Forest Gate, London, E7 8BD
Phone: 02080222695
| Price Paid | Date |
|---|---|
| £500,000 | 27 Nov 2019 |
| £250,000 | 28 Feb 2007 |
| Terraced |
| Freehold |
| Floor Area: 68 sq meters or 731 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 2019 the House Price Index for GREATER LONDON was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.645%.Applying this 22.645% change to the original purchase price of £500,000 results in an estimated price of approximately £613,222.
| 27 Nov 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.645 % | £500,000 | £113,222 | £613,222 |
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 | 51.220 % | £256,102 | £756,102 |
| 3 Month Average | 12.241 % | £61,203 | £561,203 |
| 6 Month Average | 24.080 % | £120,398 | £620,398 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jul 2023 | £2,838,199 | £2,800,000 | 1A UPTON LANE |
| 8 Mar 2023 | £312,948 | £310,000 | 19A GLENPARKE ROAD |
| 9 May 2022 | £336,337 | £330,000 | 14 PALMERSTON ROAD |
| 21 May 2021 | £147,470 | £130,500 | FLAT 11 RALPH JACKSON HOUSE, 331 ROMFORD ROAD |
| 13 Feb 2020 | £428,221 | £350,000 | 27B PALMERSTON ROAD |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 26 May 2015. Using an estimated price of £613,223 means this house is valued at £9,017 per sq meter (£837 per sq foot).
The average size of a house on VALE ROAD is 114 sq meters (1,227 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Vale Road |
| Jan 2024 | Public order | Under investigation | On or near Vale Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Vale Road |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Vale Road |
| Dec 2023 | Robbery | Under investigation | On or near Vale Road |