£484,406
This estimated value is based upon the latest sale price for the house of £400,000 on 19 Jun 2020. 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 |
|---|---|
| £400,000 | 19 Jun 2020 |
| £400,000 | 19 Jun 2020 |
| Terraced |
| Freehold |
| Floor Area: 137 sq meters or 1,474 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 2020 the House Price Index for GREATER LONDON was 122.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 21.102%.Applying this 21.102% change to the original purchase price of £400,000 results in an estimated price of approximately £484,406.
| 19 Jun 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.7 | 148.6 | 21.102 % | £400,000 | £84,406 | £484,406 |
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 | 99.065 % | £396,258 | £796,258 |
| 3 Month Average | 46.136 % | £184,543 | £584,543 |
| 6 Month Average | 28.169 % | £112,676 | £512,676 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Sep 2023 | £362,637 | £358,000 | 7 GOWER ROAD |
| 31 Jan 2023 | £507,609 | £510,000 | 13 DUNBAR ROAD |
| 28 Feb 2022 | £501,276 | £478,000 | 40 GOWER ROAD |
| 19 Jun 2020 | £484,406 | £400,000 | 32 GOWER ROAD |
| 21 Nov 2019 | £542,089 | £442,000 | 29 GOWER ROAD |
This house has a floor area of 137 sq meters or 1,474 sq feet when measured on 3 Oct 2015. Using an estimated price of £484,406 means this house is valued at £3,535 per sq meter (£328 per sq foot).
The average size of a house on GOWER ROAD is 118 sq meters (1,276 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Gower Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Chaucer Road |
| Jan 2024 | Other crime | Investigation complete; no suspect identified | On or near Chaucer Road |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Chaucer Road |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Chaucer Road |