£124,749
This estimated value is based upon the latest sale price for the house of £122,500 on 4 Aug 2023. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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595 Roman Road, Bow, E3 5EL
Phone: 02080333647
Price Paid | Date |
---|---|
£122,500 | 4 Aug 2023 |
£122,500 | 8 Feb 2017 |
Flats/Maisonettes |
Leasehold |
Floor Area: 48 sq meters or 516 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 August 2023 the House Price Index for GREATER LONDON was 147.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.837%.Applying this 1.837% change to the original purchase price of £122,500 results in an estimated price of approximately £124,749.
4 Aug 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
147.0 | 149.7 | 1.837 % | £122,500 | £2,249 | £124,749 |
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 | 41.748 % | £51,141 | £173,641 |
3 Month Average | -0.847 % | £-1,037 | £121,462 |
6 Month Average | -6.109 % | £-7,484 | £115,015 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Sep 2023 | £465,256 | £455,000 | FLAT 705 WILLIAM BEVERIDGE HOUSE, 60 VERNON ROAD |
4 Aug 2023 | £124,750 | £122,500 | FLAT 104 NARIAD HOUSE, 2 GUGLIELMO MARCONI MEWS |
27 Jan 2023 | £383,023 | £382,000 | FLAT 26 CRUDEN HOUSE VERNON ROAD |
11 Oct 2022 | £1,104,407 | £1,108,096 | 563 ROMAN ROAD |
14 Sep 2022 | £909,393 | £910,000 | 565 ROMAN ROAD |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 2 Apr 2014. Using an estimated price of £124,750 means this house is valued at £2,598 per sq meter (£241 per sq foot).
The average size of a house on GUGLIELMO MARCONI MEWS is 74 sq meters (800 sq feet).