£23,714
This estimated value is based upon the latest sale price for the house of £19,000 on 22 Mar 2018. 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 |
|---|---|
| £19,000 | 22 Mar 2018 |
| £250,000 | 4 Jul 2006 |
| 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 March 2018 the House Price Index for GREATER LONDON was 118.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 24.811%.Applying this 24.811% change to the original purchase price of £19,000 results in an estimated price of approximately £23,714.
| 22 Mar 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.6 | 148.0 | 24.811 % | £19,000 | £4,714 | £23,714 |
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 | -14.341 % | £-2,724 | £16,275 |
| 3 Month Average | 26.151 % | £4,968 | £23,968 |
| 6 Month Average | 27.998 % | £5,319 | £24,319 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jul 2023 | £458,083 | £453,750 | 3 GREBE CLOSE |
| 20 Jan 2023 | £569,993 | £575,000 | 127 TOWER HAMLETS ROAD |
| 9 Sep 2022 | £488,064 | £494,000 | 119 TOWER HAMLETS ROAD |
| 18 May 2022 | £578,601 | £570,000 | 115 WELLINGTON ROAD |
| 7 Mar 2022 | £410,926 | £398,154 | 22 GREBE CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Wellington Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Wellington Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Blackwater Close |
| Mar 2024 | Public order | Under investigation | On or near Wellington Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Wellington Road |