£879,442
This estimated value is based upon the latest sale price for the house of £580,000 on 26 Sep 2014. 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 Palmers Road
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341 Roman Road, Bow, E3 5QR
Phone: 02081152220
| Price Paid | Date |
|---|---|
| £580,000 | 26 Sep 2014 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 73 sq meters or 785 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 September 2014 the House Price Index for GREATER LONDON was 98.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 51.628%.Applying this 51.628% change to the original purchase price of £580,000 results in an estimated price of approximately £879,442.
| 26 Sep 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.7 | 149.7 | 51.628 % | £580,000 | £299,442 | £879,442 |
The Postcode Pricing Model uses changes in average sales price within the E2 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 | 62.017 % | £359,699 | £939,699 |
| 3 Month Average | 35.956 % | £208,546 | £788,546 |
| 6 Month Average | 27.028 % | £156,764 | £736,764 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Apr 2024 | £534,643 | £530,000 | FLAT 91 46 PALMERS ROAD |
| 10 Nov 2023 | £666,929 | £650,000 | APARTMENT 1502 GRAND REGENT TOWER, 2 CADMIUM SQUARE |
| 21 Sep 2023 | £774,984 | £757,900 | APARTMENT 1501 GRAND REGENT TOWER, 2 CADMIUM SQUARE |
| 10 Aug 2023 | £336,061 | £330,000 | FLAT 21 46 PALMERS ROAD |
| 25 Sep 2019 | £575,998 | £466,000 | FLAT 111 46 PALMERS ROAD |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 27 May 2014. Using an estimated price of £879,443 means this house is valued at £12,047 per sq meter (£1,119 per sq foot).
The average size of a house on CADMIUM SQUARE is 72 sq meters (783 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Palmers Road |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Palmers Road |
| Sep 2024 | Robbery | Under investigation | On or near Palmers Road |
| Sep 2024 | Public order | Under investigation | On or near Palmers Road |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Palmers Road |