£1,038,269
This estimated value is based upon the latest sale price for the house of £850,000 on 14 Nov 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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2 Sebert Road, Forest Gate, London, E7 0NQ
Phone: 02081152373
| Price Paid | Date |
|---|---|
| £850,000 | 14 Nov 2019 |
| £550,000 | 27 Sep 2017 |
| Terraced |
| Freehold |
| Floor Area: 149 sq meters or 1,603 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 November 2019 the House Price Index for GREATER LONDON was 121.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.149%.Applying this 22.149% change to the original purchase price of £850,000 results in an estimated price of approximately £1,038,269.
| 14 Nov 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.0 | 22.149 % | £850,000 | £188,269 | £1,038,269 |
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 | -10.539 % | £-89,584 | £760,415 |
| 3 Month Average | 36.458 % | £309,894 | £1,159,894 |
| 6 Month Average | 25.586 % | £217,480 | £1,067,480 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £565,702 | £555,000 | 29 FOREST SIDE |
| 10 Feb 2023 | £547,411 | £550,000 | 43 HORACE ROAD |
| 27 May 2022 | £771,468 | £760,000 | 20 HORACE ROAD |
| 5 Jan 2022 | £864,731 | £825,000 | 21 CAPEL ROAD |
| 27 Sep 2021 | £515,156 | £480,000 | 98 CHESTNUT AVENUE |
This house has a floor area of 149 sq meters or 1,603 sq feet when measured on 5 Feb 2019. Using an estimated price of £1,038,270 means this house is valued at £6,968 per sq meter (£647 per sq foot).
The average size of a house on HORACE ROAD is 110 sq meters (1,184 sq feet).
This house is the largest in the street with a floor area of 149 sq meters (1,603 sq feet).