£1,610,041
This estimated value is based upon the latest sale price for the house of £1,180,000 on 19 Apr 2016. 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 |
|---|---|
| £1,180,000 | 19 Apr 2016 |
| £1,000,000 | 16 Oct 2014 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 116 sq meters or 1,248 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 April 2016 the House Price Index for GREATER LONDON was 109.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 36.444%.Applying this 36.444% change to the original purchase price of £1,180,000 results in an estimated price of approximately £1,610,041.
| 19 Apr 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 109.7 | 149.7 | 36.444 % | £1,180,000 | £430,041 | £1,610,041 |
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 | -7.557 % | £-89,168 | £1,090,831 |
| 3 Month Average | 6.006 % | £70,872 | £1,250,872 |
| 6 Month Average | 3.804 % | £44,891 | £1,224,891 |
| 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 116 sq meters or 1,248 sq feet when measured on 27 May 2014. Using an estimated price of £1,610,041 means this house is valued at £13,879 per sq meter (£1,289 per sq foot).
The average size of a house on CADMIUM SQUARE is 72 sq meters (783 sq feet).
This house is the largest in the street with a floor area of 116 sq meters (1,248 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 |