£553,698
This estimated value is based upon the latest sale price for the house of £550,000 on 14 Feb 2023. 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 |
---|---|
£550,000 | 14 Feb 2023 |
£469,070 | 19 Jan 2018 |
£52,000 | 28 Mar 1995 |
Terraced |
Freehold |
Floor Area: 89 sq meters or 957 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 2023 the House Price Index for GREATER LONDON was 148.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.672%.Applying this 0.672% change to the original purchase price of £550,000 results in an estimated price of approximately £553,698.
14 Feb 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
148.7 | 149.7 | 0.672 % | £550,000 | £3,698 | £553,698 |
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 | -30.326 % | £-166,792 | £383,207 |
3 Month Average | -13.120 % | £-72,157 | £477,842 |
6 Month Average | -13.840 % | £-76,121 | £473,878 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
23 Nov 2023 | £554,577 | £540,500 | 20 NORFOLK STREET |
9 Nov 2023 | £482,241 | £470,000 | 127 FOREST LANE |
16 Oct 2023 | £365,297 | £357,000 | 60 FOREST STREET |
29 Sep 2023 | £541,947 | £530,000 | 128 FOREST LANE |
22 Sep 2023 | £465,256 | £455,000 | 23 NORFOLK STREET |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 12 Jan 2013. Using an estimated price of £553,699 means this house is valued at £6,221 per sq meter (£577 per sq foot).
The average size of a house on FOREST STREET is 93 sq meters (1,006 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Violence and sexual offences | Under investigation | On or near Essex Street |
Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Essex Street |
Aug 2024 | Violence and sexual offences | Awaiting court outcome | On or near Essex Street |
Aug 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Essex Street |
Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Essex Street |