£287,520
This estimated value is based upon the latest sale price for the house of £235,000 on 7 Feb 2020. 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 |
|---|---|
| £235,000 | 7 Feb 2020 |
| Flats/Maisonettes |
| Freehold |
| Floor Area: 48 sq meters or 516 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 2020 the House Price Index for GREATER LONDON was 121.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.349%.Applying this 22.349% change to the original purchase price of £235,000 results in an estimated price of approximately £287,520.
| 7 Feb 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 148.6 | 22.349 % | £235,000 | £52,520 | £287,520 |
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 | 47.920 % | £112,611 | £347,611 |
| 3 Month Average | 8.536 % | £20,059 | £255,059 |
| 6 Month Average | 15.268 % | £35,879 | £270,879 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £150,577 | £147,942 | FLAT 3 ODESSA COURT ODESSA ROAD |
| 13 Sep 2023 | £455,828 | £450,000 | 50 WELLINGTON ROAD |
| 4 Sep 2023 | £303,885 | £300,000 | 53B FIELD ROAD |
| 5 Jan 2023 | £802,719 | £806,500 | 68 ODESSA ROAD |
| 4 Nov 2022 | £454,495 | £460,000 | 45 TOWER HAMLETS ROAD |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 31 Oct 2019. Using an estimated price of £287,520 means this house is valued at £5,990 per sq meter (£556 per sq foot).
The average size of a house on ODESSA ROAD is 74 sq meters (802 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Dean Street |
| Dec 2023 | Anti-social behaviour | On or near Dean Street | |
| Dec 2023 | Anti-social behaviour | On or near Dean Street | |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Dean Street |
| Dec 2023 | Anti-social behaviour | On or near Dean Street |