£974,742
This estimated value is based upon the latest sale price for the house of £950,000 on 29 Nov 2023. 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 |
|---|---|
| £950,000 | 29 Nov 2023 |
| £385,000 | 19 May 2005 |
| £98,000 | 9 Dec 1996 |
| Terraced |
| Freehold |
| Floor Area: 139 sq meters or 1,496 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 2023 the House Price Index for GREATER LONDON was 145.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.605%.Applying this 2.605% change to the original purchase price of £950,000 results in an estimated price of approximately £974,742.
| 29 Nov 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.9 | 149.7 | 2.605 % | £950,000 | £24,742 | £974,742 |
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 | -15.716 % | £-149,306 | £800,693 |
| 3 Month Average | -4.854 % | £-46,113 | £903,886 |
| 6 Month Average | -6.685 % | £-63,503 | £886,496 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Jul 2024 | £5,800 | £5,800 | 2 HAMPTON ROAD |
| 29 Nov 2023 | £974,743 | £950,000 | 41 OSBORNE ROAD |
| 3 Nov 2023 | £451,460 | £440,000 | 78 OSBORNE ROAD |
| 21 Sep 2023 | £1,070,600 | £1,047,000 | 14 HAMPTON ROAD |
| 15 Sep 2023 | £375,273 | £367,000 | 3 KEBBELL TERRACE |
This house has a floor area of 139 sq meters or 1,496 sq feet when measured on 18 May 2015. Using an estimated price of £974,743 means this house is valued at £7,012 per sq meter (£651 per sq foot).
The average size of a house on OSBORNE ROAD is 135 sq meters (1,456 sq feet).