£322,969
This estimated value is based upon the latest sale price for the house of £71,500 on 20 Feb 1999. 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 |
|---|---|
| £71,500 | 20 Feb 1999 |
| Terraced |
| Freehold |
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 February 1999 the House Price Index for GREATER LONDON was 32.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 351.705%.Applying this 351.705% change to the original purchase price of £71,500 results in an estimated price of approximately £322,969.
| 20 Feb 1999 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 32.9 | 148.6 | 351.705 % | £71,500 | £251,469 | £322,969 |
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 | 861.307 % | £615,834 | £687,334 |
| 3 Month Average | 508.273 % | £363,415 | £434,915 |
| 6 Month Average | 540.488 % | £386,448 | £457,948 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jul 2023 | £459,940 | £453,750 | 3 GREBE CLOSE |
| 20 Jan 2023 | £572,304 | £575,000 | 127 TOWER HAMLETS ROAD |
| 9 Sep 2022 | £490,043 | £494,000 | 119 TOWER HAMLETS ROAD |
| 18 May 2022 | £580,946 | £570,000 | 115 WELLINGTON ROAD |
| 18 Jun 2021 | £305,783 | £285,000 | FLAT 1 107 - 109 TOWER HAMLETS ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Wellington Road | |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Blackwater Close |
| Jan 2024 | Anti-social behaviour | On or near Wellington Road | |
| Jan 2024 | Anti-social behaviour | On or near Wellington Road | |
| Jan 2024 | Other crime | Under investigation | On or near Wellington Road |