£422,227
This estimated value is based upon the latest sale price for the house of £322,000 on 20 Dec 2016. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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1 Bank Buildings, The Avenue, London, E4 9LE
Phone: 02036410906
| Price Paid | Date |
|---|---|
| £322,000 | 20 Dec 2016 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 61 sq meters or 657 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 December 2016 the House Price Index for GREATER LONDON was 113.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.127%.Applying this 31.127% change to the original purchase price of £322,000 results in an estimated price of approximately £422,227.
| 20 Dec 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.3 | 148.6 | 31.127 % | £322,000 | £100,227 | £422,227 |
The Postcode Pricing Model uses changes in average sales price within the IG8 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 | 46.762 % | £150,573 | £472,573 |
| 3 Month Average | 30.845 % | £99,321 | £421,321 |
| 6 Month Average | 16.874 % | £54,334 | £376,334 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Apr 2023 | £687,401 | £680,000 | 6 FRINTON DRIVE |
| 27 Jan 2023 | £855,968 | £860,000 | 78 OAK HILL CRESCENT |
| 26 Sep 2022 | £619,993 | £625,000 | 5 FRINTON DRIVE |
| 16 Sep 2022 | £763,832 | £770,000 | 106 OAK HILL CRESCENT |
| 4 Aug 2022 | £977,369 | £980,000 | 18 GALEBOROUGH AVENUE |
This house has a floor area of 61 sq meters or 657 sq feet when measured on 20 Dec 2010. Using an estimated price of £422,228 means this house is valued at £6,911 per sq meter (£642 per sq foot).
The average size of a house on FOREST DRIVE is 115 sq meters (1,240 sq feet).
This house is the smallest in the street with a floor area of 61 sq meters (657 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Forest Drive |
| Jan 2024 | Vehicle crime | Under investigation | On or near Forest Mount Road |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Forest Mount Road |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Frinton Drive |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Bennington Road |