£345,635
This estimated value is based upon the latest sale price for the house of £161,300 on 20 Jan 2004. 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 |
---|---|
£161,300 | 20 Jan 2004 |
Terraced |
Freehold |
Floor Area: 59 sq meters or 635 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 January 2004 the House Price Index for GREATER LONDON was 69.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 114.281%.Applying this 114.281% change to the original purchase price of £161,300 results in an estimated price of approximately £345,635.
20 Jan 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
69.3 | 148.6 | 114.281 % | £161,300 | £184,335 | £345,635 |
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 | 313.963 % | £506,422 | £667,722 |
3 Month Average | 156.179 % | £251,917 | £413,217 |
6 Month Average | 169.489 % | £273,386 | £434,686 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Nov 2023 | £710,519 | £700,000 | 117 THORPE ROAD |
28 Sep 2023 | £572,318 | £565,000 | 133 THORPE ROAD |
15 Sep 2023 | £709,066 | £700,000 | 17 THORPE ROAD |
8 Sep 2023 | £506,476 | £500,000 | 124 THORPE ROAD |
16 Jun 2023 | £511,192 | £505,000 | 135 THORPE ROAD |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 11 Jul 2016. Using an estimated price of £345,635 means this house is valued at £5,858 per sq meter (£544 per sq foot).
The average size of a house on THORPE ROAD is 78 sq meters (840 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Thorpe Road |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Dames Road |
Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Thorpe Road |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Winchelsea Road |
Dec 2023 | Robbery | Investigation complete; no suspect identified | On or near Ramsay Road |