£565,350
This estimated value is based upon the latest sale price for the house of £551,000 on 17 Nov 2023. 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 |
---|---|
£551,000 | 17 Nov 2023 |
£455,000 | 29 Jul 2016 |
Terraced |
Freehold |
Floor Area: 104 sq meters or 1,119 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 November 2023 the House Price Index for GREATER LONDON was 145.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.605%.Applying this 2.605% change to the original purchase price of £551,000 results in an estimated price of approximately £565,350.
17 Nov 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
145.9 | 149.7 | 2.605 % | £551,000 | £14,350 | £565,350 |
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 | -15.716 % | £-86,597 | £464,402 |
3 Month Average | -4.854 % | £-26,745 | £524,254 |
6 Month Average | -6.685 % | £-36,831 | £514,168 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Apr 2024 | £504,380 | £500,000 | 147 TRUMPINGTON ROAD |
4 Mar 2024 | £482,412 | £475,000 | 30 THORPE ROAD |
17 Nov 2023 | £565,351 | £551,000 | 126 TRUMPINGTON ROAD |
19 Jun 2023 | £1,428,630 | £1,400,000 | 134 TRUMPINGTON ROAD |
16 Jun 2023 | £326,544 | £320,000 | 92A THORPE ROAD |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 16 Oct 2014. Using an estimated price of £565,351 means this house is valued at £5,436 per sq meter (£505 per sq foot).
The average size of a house on TRUMPINGTON ROAD is 86 sq meters (929 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Thorpe Road |
Jul 2024 | Anti-social behaviour | On or near Thorpe Road | |
Jul 2024 | Anti-social behaviour | On or near Thorpe Road | |
Jul 2024 | Anti-social behaviour | On or near Thorpe Road | |
Jul 2024 | Anti-social behaviour | On or near Thorpe Road |