£422,310
This estimated value is based upon the latest sale price for the house of £250,000 on 29 Jun 2012. 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 |
|---|---|
| £250,000 | 29 Jun 2012 |
| Terraced |
| Freehold |
| Floor Area: 43 sq meters or 462 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 June 2012 the House Price Index for GREATER LONDON was 87.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 68.924%.Applying this 68.924% change to the original purchase price of £250,000 results in an estimated price of approximately £422,310.
| 29 Jun 2012 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.6 | 148.0 | 68.924 % | £250,000 | £172,310 | £422,310 |
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 | 98.047 % | £245,116 | £495,116 |
| 3 Month Average | 153.106 % | £382,765 | £632,765 |
| 6 Month Average | 122.158 % | £305,394 | £555,394 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Nov 2022 | £429,043 | £436,000 | 37 PEVENSEY ROAD |
| 31 Oct 2022 | £433,555 | £440,000 | 31 VANSITTART ROAD |
| 15 Sep 2022 | £528,571 | £535,000 | 47 VANSITTART ROAD |
| 5 Aug 2022 | £628,752 | £633,000 | 2 WOODER GARDENS |
| 6 Jul 2022 | £559,244 | £560,000 | 182 ODESSA ROAD |
This house has a floor area of 43 sq meters or 462 sq feet when measured on 9 Nov 2012. Using an estimated price of £422,311 means this house is valued at £9,821 per sq meter (£912 per sq foot).
The average size of a house on ODESSA ROAD is 74 sq meters (802 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Shoplifting | Under investigation | On or near Odessa Road |
| Feb 2024 | Anti-social behaviour | On or near Odessa Road | |
| Feb 2024 | Anti-social behaviour | On or near Odessa Road | |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Odessa Road |
| Feb 2024 | Vehicle crime | Under investigation | On or near Odessa Road |