£214,224
This estimated value is based upon the latest sale price for the house of £42,000 on 24 Jun 1997. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Lorne Road
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471 Romford Road, Forest Gate, London, E7 8AB
Phone: 02080335952
| Price Paid | Date |
|---|---|
| £42,000 | 24 Jun 1997 |
| £35,000 | 17 Mar 1995 |
| 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 June 1997 the House Price Index for GREATER LONDON was 29.0.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 410.058%.Applying this 410.058% change to the original purchase price of £42,000 results in an estimated price of approximately £214,224.
| 24 Jun 1997 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 29.0 | 148.0 | 410.058 % | £42,000 | £172,224 | £214,224 |
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 | 520.998 % | £218,819 | £260,819 |
| 3 Month Average | 700.913 % | £294,383 | £336,383 |
| 6 Month Average | 625.433 % | £262,681 | £304,681 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £891,444 | £880,000 | 123 GODWIN ROAD |
| 20 Mar 2023 | £683,696 | £680,000 | 101 GODWIN ROAD |
| 31 Mar 2022 | £944,352 | £915,000 | 73 GODWIN ROAD |
| 24 Nov 2021 | £904,803 | £840,000 | 32 LATIMER ROAD |
| 24 Nov 2021 | £942,504 | £875,000 | 69 TYLNEY ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Lorne Road |
| Apr 2024 | Other theft | Under investigation | On or near Lorne Road |
| Apr 2024 | Anti-social behaviour | On or near Lorne Road | |
| Mar 2024 | Burglary | Under investigation | On or near Lorne Road |
| Mar 2024 | Vehicle crime | Under investigation | On or near Lorne Road |