£228,621
This estimated value is based upon the latest sale price for the house of £60,000 on 26 May 2000. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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202B Green Street, Forest Gate, London, E7 8LE
Phone: 02034783308
Price Paid | Date |
---|---|
£60,000 | 26 May 2000 |
Terraced |
Freehold |
Floor Area: 118 sq meters or 1,270 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 May 2000 the House Price Index for GREATER LONDON was 39.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 281.036%.Applying this 281.036% change to the original purchase price of £60,000 results in an estimated price of approximately £228,621.
26 May 2000 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
39.3 | 149.7 | 281.036 % | £60,000 | £168,621 | £228,621 |
The Postcode Pricing Model uses changes in average sales price within the E13 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 | 238.282 % | £142,969 | £202,969 |
3 Month Average | 270.376 % | £162,225 | £222,225 |
6 Month Average | 351.775 % | £211,065 | £271,065 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Nov 2023 | £487,371 | £475,000 | 43 RAYMOND ROAD |
17 Aug 2023 | £472,522 | £464,000 | 46 THORNGROVE ROAD |
14 Jun 2023 | £566,350 | £555,000 | 51 PENGE ROAD |
20 Mar 2023 | £554,256 | £545,000 | 164 PLASHET ROAD |
30 Sep 2019 | £645,834 | £522,500 | 54 RAYMOND ROAD |
This house has a floor area of 118 sq meters or 1,270 sq feet when measured on 16 May 2015. Using an estimated price of £228,622 means this house is valued at £1,937 per sq meter (£179 per sq foot).
The average size of a house on PENGE ROAD is 130 sq meters (1,409 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Vehicle crime | Under investigation | On or near Penge Road |
Apr 2024 | Anti-social behaviour | On or near Thorngrove Road | |
Apr 2024 | Anti-social behaviour | On or near Thorngrove Road | |
Apr 2024 | Anti-social behaviour | On or near Thorngrove Road | |
Apr 2024 | Anti-social behaviour | On or near Thorngrove Road |