£1,016,582
This estimated value is based upon the latest sale price for the house of £810,000 on 24 Jan 2018. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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471 Romford Road, Forest Gate, London, E7 8AB
Phone: 02080335952
| Price Paid | Date |
|---|---|
| £810,000 | 24 Jan 2018 |
| Terraced |
| Freehold |
| Floor Area: 163 sq meters or 1,754 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 January 2018 the House Price Index for GREATER LONDON was 118.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.504%.Applying this 25.504% change to the original purchase price of £810,000 results in an estimated price of approximately £1,016,582.
| 24 Jan 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.4 | 148.6 | 25.504 % | £810,000 | £206,582 | £1,016,582 |
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 | 75.441 % | £611,071 | £1,421,071 |
| 3 Month Average | 37.610 % | £304,637 | £1,114,637 |
| 6 Month Average | 21.357 % | £172,988 | £982,988 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Nov 2023 | £913,525 | £900,000 | 67 HAMPTON ROAD |
| 21 Sep 2023 | £987,121 | £974,500 | 84 HAMPTON ROAD |
| 20 Mar 2023 | £1,186,175 | £1,175,000 | 88 CLAREMONT ROAD |
| 27 Jan 2023 | £895,780 | £900,000 | 81 HAMPTON ROAD |
| 13 Jan 2023 | £1,094,843 | £1,100,000 | 88 HAMPTON ROAD |
This house has a floor area of 163 sq meters or 1,754 sq feet when measured on 17 Jul 2018. Using an estimated price of £1,016,583 means this house is valued at £6,236 per sq meter (£579 per sq foot).
The average size of a house on OSBORNE ROAD is 135 sq meters (1,456 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Osborne Road |
| Jan 2024 | Public order | Under investigation | On or near Hampton Road |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Hampton Road |
| Dec 2023 | Other theft | Under investigation | On or near Claremont Road |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Claremont Road |