£599,543
This estimated value is based upon the latest sale price for the house of £477,000 on 6 Oct 2017. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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120 Upton Lane, Forrest Gate, London, E7 9LW
Phone: 02036410868
| Price Paid | Date |
|---|---|
| £477,000 | 6 Oct 2017 |
| £80,000 | 21 Jan 2000 |
| Terraced |
| Freehold |
| Floor Area: 130 sq meters or 1,399 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 October 2017 the House Price Index for GREATER LONDON was 117.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 25.690%.Applying this 25.690% change to the original purchase price of £477,000 results in an estimated price of approximately £599,543.
| 6 Oct 2017 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.7 | 148.0 | 25.690 % | £477,000 | £122,543 | £599,543 |
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 | 2.235 % | £10,659 | £487,659 |
| 3 Month Average | 22.119 % | £105,509 | £582,509 |
| 6 Month Average | 14.394 % | £68,659 | £545,659 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2022 | £400,505 | £407,000 | 75 GROSVENOR ROAD |
| 21 Nov 2022 | £412,314 | £419,000 | 69 KITCHENER ROAD |
| 30 Aug 2022 | £183,758 | £185,000 | GROUND FLOOR FLAT 49A GROSVENOR ROAD |
| 14 Feb 2022 | £454,340 | £435,000 | 107 STUDLEY ROAD |
| 22 Oct 2021 | £526,210 | £477,500 | 41 KITCHENER ROAD |
This house has a floor area of 130 sq meters or 1,399 sq feet when measured on 19 Mar 2016. Using an estimated price of £599,544 means this house is valued at £4,611 per sq meter (£428 per sq foot).
The average size of a house on GROSVENOR ROAD is 102 sq meters (1,100 sq feet).