£291,595
This estimated value is based upon the latest sale price for the house of £197,000 on 2 Apr 2015. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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120 Upton Lane, Forrest Gate, London, E7 9LW
Phone: 02036410868
| Price Paid | Date |
|---|---|
| £197,000 | 2 Apr 2015 |
| £250,000 | 27 Aug 1999 |
| Terraced |
| Freehold |
| Floor Area: 117 sq meters or 1,259 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 April 2015 the House Price Index for GREATER LONDON was 101.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 48.018%.Applying this 48.018% change to the original purchase price of £197,000 results in an estimated price of approximately £291,595.
| 2 Apr 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.1 | 149.7 | 48.018 % | £197,000 | £94,595 | £291,595 |
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 | 208.786 % | £411,307 | £608,307 |
| 3 Month Average | 52.167 % | £102,769 | £299,769 |
| 6 Month Average | 57.306 % | £112,893 | £309,893 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Sep 2023 | £366,070 | £358,000 | 7 GOWER ROAD |
| 31 Jan 2023 | £511,366 | £510,000 | 13 DUNBAR ROAD |
| 28 Feb 2022 | £504,987 | £478,000 | 40 GOWER ROAD |
| 30 Jul 2021 | £341,543 | £295,000 | 6B SKELTON ROAD |
| 23 Feb 2021 | £411,704 | £360,000 | 6A SKELTON ROAD |
This house has a floor area of 117 sq meters or 1,259 sq feet when measured on 29 Jan 2015. Using an estimated price of £291,595 means this house is valued at £2,492 per sq meter (£231 per sq foot).
The average size of a house on DUNBAR ROAD is 115 sq meters (1,240 sq feet).