£473,415
This estimated value is based upon the latest sale price for the house of £410,000 on 12 Nov 2020. 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 |
|---|---|
| £410,000 | 12 Nov 2020 |
| £205,000 | 12 Sep 2011 |
| £235,000 | 7 Mar 2008 |
| £160,000 | 12 Nov 2003 |
| £72,000 | 19 Nov 1999 |
| Terraced |
| Freehold |
| Floor Area: 59 sq meters or 635 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 November 2020 the House Price Index for GREATER LONDON was 128.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 15.467%.Applying this 15.467% change to the original purchase price of £410,000 results in an estimated price of approximately £473,415.
| 12 Nov 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 148.0 | 15.467 % | £410,000 | £63,415 | £473,415 |
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 | 0.267 % | £1,092 | £411,092 |
| 3 Month Average | 42.233 % | £173,153 | £583,153 |
| 6 Month Average | 40.748 % | £167,066 | £577,066 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £531,828 | £525,000 | 109 ODESSA ROAD |
| 20 Jan 2023 | £569,993 | £575,000 | 127 TOWER HAMLETS ROAD |
| 7 Nov 2022 | £492,021 | £500,000 | 95 ODESSA ROAD |
| 9 Sep 2022 | £488,064 | £494,000 | 119 TOWER HAMLETS ROAD |
| 28 Jun 2022 | £889,010 | £880,000 | 127 ODESSA ROAD |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 29 Jul 2020. Using an estimated price of £473,416 means this house is valued at £8,024 per sq meter (£745 per sq foot).
The average size of a house on WELLINGTON ROAD is 83 sq meters (894 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Wellington Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Wellington Road |
| Mar 2024 | Public order | Under investigation | On or near Wellington Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Wellington Road |
| Jan 2024 | Anti-social behaviour | On or near Wellington Road |