£534,943
This estimated value is based upon the latest sale price for the house of £439,000 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 |
---|---|
£439,000 | 7 Feb 2020 |
Terraced |
Freehold |
Floor Area: 64 sq meters or 688 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 Apr 2024 is 148.0 which is a change of 21.855%.Applying this 21.855% change to the original purchase price of £439,000 results in an estimated price of approximately £534,943.
7 Feb 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.5 | 148.0 | 21.855 % | £439,000 | £95,943 | £534,943 |
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 | -12.492 % | £-54,839 | £384,160 |
3 Month Average | 31.954 % | £140,279 | £579,279 |
6 Month Average | 16.667 % | £73,169 | £512,169 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
16 Jun 2023 | £322,616 | £320,000 | 92A THORPE ROAD |
9 Jun 2023 | £529,292 | £525,000 | 121 TRUMPINGTON ROAD |
15 Nov 2022 | £527,447 | £536,000 | 14 THORPE ROAD |
22 Jun 2022 | £515,222 | £510,000 | 157 TRUMPINGTON ROAD |
6 Jun 2022 | £520,273 | £515,000 | 21 THORPE ROAD |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 20 Sep 2019. Using an estimated price of £534,943 means this house is valued at £8,358 per sq meter (£776 per sq foot).
The average size of a house on THORPE ROAD is 78 sq meters (840 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Vehicle crime | Under investigation | On or near Thorpe Road |
Apr 2024 | Anti-social behaviour | On or near Thorpe Road |