£272,782
This estimated value is based upon the latest sale price for the house of £79,000 on 2 May 2001. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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341 Roman Road, Bow, E3 5QR
Phone: 02081152220
| Price Paid | Date |
|---|---|
| £79,000 | 2 May 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 60 sq meters or 645 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 May 2001 the House Price Index for GREATER LONDON was 43.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 245.295%.Applying this 245.295% change to the original purchase price of £79,000 results in an estimated price of approximately £272,782.
| 2 May 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 43.4 | 149.7 | 245.295 % | £79,000 | £193,782 | £272,782 |
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 | 195.592 % | £154,517 | £233,517 |
| 3 Month Average | 203.682 % | £160,908 | £239,908 |
| 6 Month Average | 213.998 % | £169,058 | £248,058 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Oct 2023 | £424,645 | £415,000 | FLAT 12 THE DRIFTWAY, 182B GROVE ROAD |
| 2 Feb 2023 | £729,876 | £725,000 | FLAT 2 180 GROVE ROAD |
| 18 Nov 2022 | £597,207 | £600,000 | 371A ROMAN ROAD |
| 16 Aug 2022 | £437,044 | £435,000 | FLAT 19 HOOKE HOUSE GERNON ROAD |
| 20 May 2022 | £462,037 | £450,000 | FLAT 13 ARDENT HOUSE, 320 ROMAN ROAD |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 27 Oct 2013. Using an estimated price of £272,783 means this house is valued at £4,546 per sq meter (£422 per sq foot).
The average size of a house on GERNON ROAD is 75 sq meters (817 sq feet).