£317,439
This estimated value is based upon the latest sale price for the house of £165,000 on 21 Sep 2004. 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 |
|---|---|
| £165,000 | 21 Sep 2004 |
| £140,000 | 4 Dec 2002 |
| £50,000 | 4 Feb 1997 |
| Terraced |
| Freehold |
| Floor Area: 73 sq meters or 785 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 September 2004 the House Price Index for GREATER LONDON was 77.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 92.387%.Applying this 92.387% change to the original purchase price of £165,000 results in an estimated price of approximately £317,439.
| 21 Sep 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 77.8 | 149.7 | 92.387 % | £165,000 | £152,439 | £317,439 |
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 | 155.522 % | £256,611 | £421,611 |
| 3 Month Average | 165.979 % | £273,865 | £438,865 |
| 6 Month Average | 146.715 % | £242,080 | £407,080 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Aug 2023 | £658,374 | £646,500 | 5 LEONARD ROAD |
| 2 Feb 2022 | £327,502 | £310,000 | 78A STATION ROAD |
| 28 Jun 2021 | £578,264 | £535,000 | 45 LEONARD ROAD |
| 13 Nov 2020 | £782,517 | £670,000 | 15 MACDONALD ROAD |
| 10 Jul 2020 | £542,078 | £445,000 | 9 ERIC ROAD |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 23 Feb 2018. Using an estimated price of £317,439 means this house is valued at £4,348 per sq meter (£403 per sq foot).
The average size of a house on ERIC ROAD is 84 sq meters (914 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Anti-social behaviour | On or near Eric Road | |
| Aug 2024 | Anti-social behaviour | On or near Eric Road | |
| Aug 2024 | Anti-social behaviour | On or near Eric Road | |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Eric Road |
| Oct 2024 | Anti-social behaviour | On or near Leonard Road |