£263,962
This estimated value is based upon the latest sale price for the house of £47,000 on 17 Jul 1996. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
Get our free house price tracker.
734 Romford Road, Manor Park, London, E12 6BT
Phone: 02081664058
| Price Paid | Date |
|---|---|
| £47,000 | 17 Jul 1996 |
| Terraced |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 July 1996 the House Price Index for GREATER LONDON was 26.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 461.621%.Applying this 461.621% change to the original purchase price of £47,000 results in an estimated price of approximately £263,962.
| 17 Jul 1996 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.7 | 149.7 | 461.621 % | £47,000 | £216,962 | £263,962 |
The Postcode Pricing Model uses changes in average sales price within the E12 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 | 484.481 % | £227,705 | £274,705 |
| 3 Month Average | 530.317 % | £249,249 | £296,249 |
| 6 Month Average | 577.575 % | £271,460 | £318,460 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Oct 2023 | £276,275 | £270,000 | 865 ROMFORD ROAD |
| 15 Mar 2023 | £320,350 | £315,000 | 11A OREGON AVENUE |
| 31 Mar 2022 | £136,052 | £130,326 | FLAT 8 CHANCERY COURT, 34 FIFTH AVENUE |
| 31 Mar 2022 | £171,908 | £164,673 | FLAT 9 CHANCERY COURT, 34 FIFTH AVENUE |
| 2 Dec 2019 | £595,678 | £482,000 | 13 FOURTH AVENUE |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 14 Sep 2012. Using an estimated price of £263,962 means this house is valued at £2,808 per sq meter (£260 per sq foot).
The average size of a house on FIFTH AVENUE is 80 sq meters (867 sq feet).