£263,985
This estimated value is based upon the latest sale price for the house of £150,000 on 28 Oct 2009. 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 |
|---|---|
| £150,000 | 28 Oct 2009 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 60 sq meters or 645 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 2009 the House Price Index for GREATER LONDON was 84.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 75.990%.Applying this 75.990% change to the original purchase price of £150,000 results in an estimated price of approximately £263,985.
| 28 Oct 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 84.4 | 148.6 | 75.990 % | £150,000 | £113,985 | £263,985 |
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 | 223.328 % | £334,991 | £484,991 |
| 3 Month Average | 127.381 % | £191,071 | £341,071 |
| 6 Month Average | 154.774 % | £232,161 | £382,161 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £150,577 | £147,942 | FLAT 3 ODESSA COURT ODESSA ROAD |
| 13 Sep 2023 | £455,828 | £450,000 | 50 WELLINGTON ROAD |
| 4 Sep 2023 | £303,885 | £300,000 | 53B FIELD ROAD |
| 5 Jan 2023 | £802,719 | £806,500 | 68 ODESSA ROAD |
| 27 Aug 2021 | £502,027 | £450,000 | 14 DEAN STREET |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 28 Jan 2009. Using an estimated price of £263,985 means this house is valued at £4,399 per sq meter (£408 per sq foot).
The average size of a house on ODESSA ROAD is 74 sq meters (802 sq feet).