£678,437
This estimated value is based upon the latest sale price for the house of £392,500 on 31 Aug 2011. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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2 Sebert Road, Forest Gate, London, E7 0NQ
Phone: 02081152373
| Price Paid | Date |
|---|---|
| £392,500 | 31 Aug 2011 |
| £389,000 | 1 Oct 2007 |
| £295,000 | 12 Feb 2007 |
| Terraced |
| Freehold |
| Floor Area: 121 sq meters or 1,310 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 August 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 72.850%.Applying this 72.850% change to the original purchase price of £392,500 results in an estimated price of approximately £678,437.
| 31 Aug 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.850 % | £392,500 | £285,937 | £678,437 |
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 | 219.779 % | £862,630 | £1,255,130 |
| 3 Month Average | 117.343 % | £460,571 | £853,071 |
| 6 Month Average | 138.988 % | £545,526 | £938,026 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 May 2022 | £774,595 | £760,000 | 20 HORACE ROAD |
| 5 Jan 2022 | £868,237 | £825,000 | 21 CAPEL ROAD |
| 27 Sep 2021 | £517,244 | £480,000 | 98 CHESTNUT AVENUE |
| 25 Mar 2021 | £810,343 | £728,000 | 24 GODWIN ROAD |
| 12 Nov 2020 | £423,164 | £365,000 | FLAT D THE OAKLEAVES, 19 CAPEL ROAD |
This house has a floor area of 121 sq meters or 1,310 sq feet when measured on 23 Apr 2011. Using an estimated price of £678,438 means this house is valued at £5,572 per sq meter (£517 per sq foot).
The average size of a house on CHESTNUT AVENUE is 91 sq meters (986 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Chestnut Avenue |