£401,254
This estimated value is based upon the latest sale price for the house of £250,000 on 20 Dec 2013. 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 |
---|---|
£250,000 | 20 Dec 2013 |
Terraced |
Freehold |
Floor Area: 70 sq meters or 753 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 December 2013 the House Price Index for GREATER LONDON was 92.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 60.502%.Applying this 60.502% change to the original purchase price of £250,000 results in an estimated price of approximately £401,254.
20 Dec 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
92.6 | 148.6 | 60.502 % | £250,000 | £151,254 | £401,254 |
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 | 167.935 % | £419,838 | £669,838 |
3 Month Average | 80.769 % | £201,922 | £451,922 |
6 Month Average | 102.906 % | £257,265 | £507,265 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Dec 2023 | £218,829 | £215,000 | FLAT 2 28 BIGNOLD ROAD |
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 |
30 Aug 2023 | £428,751 | £425,000 | 15 DIMOND CLOSE |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 23 Nov 2013. Using an estimated price of £401,254 means this house is valued at £5,732 per sq meter (£532 per sq foot).
The average size of a house on STATION ROAD is 79 sq meters (856 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Anti-social behaviour | On or near Station Road | |
Jan 2024 | Anti-social behaviour | On or near Station Road | |
Jan 2024 | Anti-social behaviour | On or near Station Road | |
Jan 2024 | Anti-social behaviour | On or near Station Road | |
Jan 2024 | Anti-social behaviour | On or near Station Road |