£517,265
This estimated value is based upon the latest sale price for the house of £511,000 on 7 Jun 2023. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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176/177 Forest Lane, London, E7 9BB
Phone: 02034637505
Price Paid | Date |
---|---|
£511,000 | 7 Jun 2023 |
£447,700 | 13 May 2016 |
£198,000 | 8 Oct 2010 |
£57,950 | 31 Jul 1997 |
£42,000 | 21 Apr 1997 |
Terraced |
Freehold |
Floor Area: 65 sq meters or 699 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 June 2023 the House Price Index for GREATER LONDON was 146.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.226%.Applying this 1.226% change to the original purchase price of £511,000 results in an estimated price of approximately £517,265.
7 Jun 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.8 | 148.6 | 1.226 % | £511,000 | £6,265 | £517,265 |
The Postcode Pricing Model uses changes in average sales price within the E7 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 | -29.946 % | £-153,022 | £357,977 |
3 Month Average | 19.826 % | £101,309 | £612,309 |
6 Month Average | -10.438 % | £-53,338 | £457,661 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
23 Nov 2023 | £548,622 | £540,500 | 20 NORFOLK STREET |
25 Sep 2023 | £582,447 | £575,000 | 20 SUFFOLK STREET |
22 Sep 2023 | £460,893 | £455,000 | 23 NORFOLK STREET |
19 Jul 2023 | £353,761 | £349,000 | 53 SUFFOLK STREET |
7 Jun 2023 | £517,266 | £511,000 | 12 NORFOLK STREET |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 15 Jul 2021. Using an estimated price of £517,266 means this house is valued at £7,957 per sq meter (£739 per sq foot).
The average size of a house on NORFOLK STREET is 97 sq meters (1,047 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Essex Street |
Apr 2024 | Vehicle crime | Under investigation | On or near Essex Street |
Apr 2024 | Robbery | Under investigation | On or near Essex Street |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Essex Street |
Feb 2024 | Anti-social behaviour | On or near Essex Street |