£654,842
This estimated value is based upon the latest sale price for the house of £525,000 on 29 May 2018. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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120 Upton Lane, Forrest Gate, London, E7 9LW
Phone: 02036410868
Price Paid | Date |
---|---|
£525,000 | 29 May 2018 |
Terraced |
Freehold |
Floor Area: 115 sq meters or 1,237 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 May 2018 the House Price Index for GREATER LONDON was 119.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.732%.Applying this 24.732% change to the original purchase price of £525,000 results in an estimated price of approximately £654,842.
29 May 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.1 | 148.6 | 24.732 % | £525,000 | £129,842 | £654,842 |
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 | 148.050 % | £777,261 | £1,302,261 |
3 Month Average | 19.676 % | £103,300 | £628,300 |
6 Month Average | 29.209 % | £153,346 | £678,346 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Apr 2022 | £494,304 | £480,000 | 32 UPTON AVENUE |
27 Jan 2022 | £699,851 | £665,000 | 20 KINGSLEY ROAD |
8 Nov 2021 | £692,169 | £640,000 | 21 LANCASTER ROAD |
11 Jun 2021 | £373,378 | £348,000 | 141 UPTON LANE |
2 Dec 2020 | £746,014 | £650,000 | 283 UPTON LANE |
This house has a floor area of 115 sq meters or 1,237 sq feet when measured on 11 Jul 2016. Using an estimated price of £654,843 means this house is valued at £5,694 per sq meter (£529 per sq foot).
The average size of a house on UPTON AVENUE is 123 sq meters (1,330 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Upton Avenue |