£432,218
This estimated value is based upon the latest sale price for the house of £425,000 on 22 Mar 2023. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There have been two burglaries within the last year on or near Gunmakers Lane
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447 Roman Road, London, E3 5LX
Phone: 02036418145
| Price Paid | Date |
|---|---|
| £425,000 | 22 Mar 2023 |
| £334,000 | 8 Apr 2014 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 44 sq meters or 473 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 2023 the House Price Index for GREATER LONDON was 147.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.698%.Applying this 1.698% change to the original purchase price of £425,000 results in an estimated price of approximately £432,218.
| 22 Mar 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.2 | 149.7 | 1.698 % | £425,000 | £7,218 | £432,218 |
The Postcode Pricing Model uses changes in average sales price within the E3 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 | 2.067 % | £8,786 | £433,786 |
| 3 Month Average | 0.524 % | £2,229 | £427,229 |
| 6 Month Average | -6.461 % | £-27,457 | £397,542 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Sep 2023 | £429,467 | £420,000 | FLAT 30 DETHICK COURT FORD ROAD |
| 25 Sep 2023 | £577,736 | £565,000 | FLAT 3 ARTILLERY HOUSE, 6 BARGE LANE |
| 1 Sep 2023 | £797,582 | £780,000 | FLAT 23 VERMILION APARTMENTS, 16 GUNMAKERS LANE |
| 22 Mar 2023 | £432,218 | £425,000 | FLAT 21 CITRINE APARTMENTS, 11 NEW GUN WHARF |
| 12 Aug 2022 | £552,584 | £550,000 | FLAT 44 235 OLD FORD ROAD |
This house has a floor area of 44 sq meters or 473 sq feet when measured on 1 Nov 2013. Using an estimated price of £432,218 means this house is valued at £9,823 per sq meter (£912 per sq foot).
The average size of a house on NEW GUN WHARF is 61 sq meters (663 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Vehicle crime | Under investigation | On or near Gunmakers Lane |
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Gunmakers Lane |
| Oct 2024 | Burglary | Investigation complete; no suspect identified | On or near Gunmakers Lane |
| Oct 2024 | Burglary | Under investigation | On or near Gunmakers Lane |
| Sep 2024 | Anti-social behaviour | On or near Gunmakers Lane |