£492,703
This estimated value is based upon the latest sale price for the house of £285,000 on 21 Oct 2011. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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202B Green Street, Forest Gate, London, E7 8LE
Phone: 02034783308
| Price Paid | Date |
|---|---|
| £285,000 | 21 Oct 2011 |
| Terraced |
| Freehold |
| Floor Area: 108 sq meters or 1,165 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 2011 the House Price Index for GREATER LONDON was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.878%.Applying this 72.878% change to the original purchase price of £285,000 results in an estimated price of approximately £492,703.
| 21 Oct 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.878 % | £285,000 | £207,703 | £492,703 |
The Postcode Pricing Model uses changes in average sales price within the E13 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 | 113.669 % | £323,956 | £608,956 |
| 3 Month Average | 81.999 % | £233,696 | £518,696 |
| 6 Month Average | 91.065 % | £259,536 | £544,536 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £482,138 | £475,000 | 43 RAYMOND ROAD |
| 17 Aug 2023 | £468,095 | £464,000 | 46 THORNGROVE ROAD |
| 14 Jul 2023 | £550,408 | £543,000 | 19 THORNGROVE ROAD |
| 14 Jun 2023 | £561,805 | £555,000 | 51 PENGE ROAD |
| 20 Mar 2023 | £550,183 | £545,000 | 164 PLASHET ROAD |
This house has a floor area of 108 sq meters or 1,165 sq feet when measured on 18 Aug 2011. Using an estimated price of £492,703 means this house is valued at £4,550 per sq meter (£422 per sq foot).
The average size of a house on PENGE ROAD is 130 sq meters (1,409 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Penge Road | |
| Jan 2024 | Anti-social behaviour | On or near Penge Road | |
| Jan 2024 | Anti-social behaviour | On or near Penge Road | |
| Dec 2023 | Anti-social behaviour | On or near Penge Road | |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Penge Road |