£302,365
This estimated value is based upon the latest sale price for the house of £124,995 on 21 Feb 2003. 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 |
|---|---|
| £124,995 | 21 Feb 2003 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 50 sq meters or 538 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 February 2003 the House Price Index for GREATER LONDON was 60.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 141.902%.Applying this 141.902% change to the original purchase price of £124,995 results in an estimated price of approximately £302,365.
| 21 Feb 2003 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 60.6 | 146.7 | 141.902 % | £124,995 | £177,370 | £302,365 |
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 | 323.173 % | £403,949 | £528,944 |
| 3 Month Average | 194.511 % | £243,128 | £368,123 |
| 6 Month Average | 220.238 % | £275,285 | £400,280 |
This house has a floor area of 50 sq meters or 538 sq feet when measured on 18 May 2016.
The average size of a house on MAGPIE CLOSE is 52 sq meters (563 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Magpie Close | |
| Jan 2024 | Anti-social behaviour | On or near Magpie Close | |
| Jan 2024 | Other theft | Under investigation | On or near Magpie Close |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Magpie Close |
| Jan 2024 | Anti-social behaviour | On or near Magpie Close |