£170,558
This estimated value is based upon the latest sale price for the house of £87,500 on 30 Jul 2004. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
Get our free house price tracker.
176/177 Forest Lane, London, E7 9BB
Phone: 02034637505
Price Paid | Date |
---|---|
£87,500 | 30 Jul 2004 |
£87,500 | 30 Jul 2004 |
£50,000 | 18 May 2001 |
Terraced |
Leasehold |
Floor Area: 29 sq meters or 312 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 July 2004 the House Price Index for GREATER LONDON was 76.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 94.924%.Applying this 94.924% change to the original purchase price of £87,500 results in an estimated price of approximately £170,558.
30 Jul 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
76.2 | 148.6 | 94.924 % | £87,500 | £83,058 | £170,558 |
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 | 321.974 % | £281,726 | £369,226 |
3 Month Average | 154.350 % | £135,056 | £222,556 |
6 Month Average | 169.737 % | £148,520 | £236,020 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Jul 2023 | £459,940 | £453,750 | 3 GREBE CLOSE |
20 Jan 2023 | £572,304 | £575,000 | 127 TOWER HAMLETS ROAD |
4 Nov 2022 | £454,495 | £460,000 | 45 TOWER HAMLETS ROAD |
9 Sep 2022 | £490,043 | £494,000 | 119 TOWER HAMLETS ROAD |
27 Jul 2022 | £486,309 | £485,000 | 19 MAGPIE CLOSE |
This house has a floor area of 29 sq meters or 312 sq feet when measured on 16 Sep 2019. Using an estimated price of £170,559 means this house is valued at £5,881 per sq meter (£546 per sq foot).
The average size of a house on MAGPIE CLOSE is 54 sq meters (583 sq feet).
This house is the smallest in the street with a floor area of 29 sq meters (312 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 |