£476,600
This estimated value is based upon the latest sale price for the house of £365,000 on 31 Mar 2017. 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 |
|---|---|
| £365,000 | 31 Mar 2017 |
| £167,000 | 19 Nov 2004 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 84 sq meters or 904 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 March 2017 the House Price Index for GREATER LONDON was 114.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 30.575%.Applying this 30.575% change to the original purchase price of £365,000 results in an estimated price of approximately £476,600.
| 31 Mar 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.6 | 149.7 | 30.575 % | £365,000 | £111,600 | £476,600 |
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 | 54.267 % | £198,075 | £563,075 |
| 3 Month Average | 45.348 % | £165,519 | £530,519 |
| 6 Month Average | 27.642 % | £100,893 | £465,893 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Oct 2023 | £365,297 | £357,000 | 60 FOREST STREET |
| 28 Sep 2023 | £572,623 | £560,000 | 16 STRACEY ROAD |
| 28 Feb 2023 | £513,430 | £510,000 | 32 STRACEY ROAD |
| 14 Feb 2023 | £553,699 | £550,000 | 34 FOREST STREET |
| 15 Nov 2022 | £567,347 | £570,000 | 2 FOREST STREET |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 21 Nov 2014. Using an estimated price of £432,806 means this house is valued at £5,152 per sq meter (£478 per sq foot).
The average size of a house on DIMOND CLOSE is 114 sq meters (1,227 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Drugs | Under investigation | On or near Dimond Close |
| Sep 2024 | Anti-social behaviour | On or near Dimond Close | |
| Sep 2024 | Anti-social behaviour | On or near Dimond Close | |
| Aug 2024 | Anti-social behaviour | On or near Dimond Close | |
| Aug 2024 | Anti-social behaviour | On or near Dimond Close |