£667,964
This estimated value is based upon the latest sale price for the house of £510,000 on 15 Feb 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 |
---|---|
£510,000 | 15 Feb 2017 |
Terraced |
Freehold |
Floor Area: 120 sq meters or 1,291 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 February 2017 the House Price Index for GREATER LONDON was 114.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 30.973%.Applying this 30.973% change to the original purchase price of £510,000 results in an estimated price of approximately £667,964.
15 Feb 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
114.3 | 149.7 | 30.973 % | £510,000 | £157,964 | £667,964 |
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 | 149.318 % | £761,524 | £1,271,524 |
3 Month Average | 43.135 % | £219,987 | £729,987 |
6 Month Average | 31.678 % | £161,560 | £671,560 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Nov 2023 | £718,232 | £700,000 | 117 THORPE ROAD |
11 Oct 2023 | £606,270 | £592,500 | 207 DAMES ROAD |
15 Sep 2023 | £715,779 | £700,000 | 17 THORPE ROAD |
8 Sep 2023 | £511,271 | £500,000 | 124 THORPE ROAD |
27 Jan 2023 | £709,897 | £708,000 | 223 DAMES ROAD |
This house has a floor area of 120 sq meters or 1,291 sq feet when measured on 29 Nov 2016. Using an estimated price of £667,964 means this house is valued at £5,566 per sq meter (£517 per sq foot).
The average size of a house on RAMSAY ROAD is 91 sq meters (986 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Vehicle crime | Under investigation | On or near Sheridan Road |
Apr 2024 | Theft from the person | Under investigation | On or near Ramsay Road |
Apr 2024 | Theft from the person | Under investigation | On or near Ramsay Road |