£577,998
This estimated value is based upon the latest sale price for the house of £585,000 on 11 Nov 2022. 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 |
---|---|
£585,000 | 11 Nov 2022 |
£112,500 | 18 Aug 2000 |
Terraced |
Freehold |
Floor Area: 138 sq meters or 1,485 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 2022 the House Price Index for GREATER LONDON was 150.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -1.197%.Applying this -1.197% change to the original purchase price of £585,000 results in an estimated price of approximately £577,998.
11 Nov 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
150.4 | 148.6 | -1.197 % | £585,000 | £-7,001 | £577,998 |
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 | 45.510 % | £266,232 | £851,232 |
3 Month Average | -13.782 % | £-80,626 | £504,373 |
6 Month Average | 1.749 % | £10,230 | £595,230 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
23 Nov 2023 | £548,622 | £540,500 | 20 NORFOLK STREET |
9 Nov 2023 | £477,063 | £470,000 | 127 FOREST LANE |
29 Sep 2023 | £536,864 | £530,000 | 128 FOREST LANE |
22 Sep 2023 | £460,893 | £455,000 | 23 NORFOLK STREET |
7 Jun 2023 | £517,266 | £511,000 | 12 NORFOLK STREET |
This house has a floor area of 138 sq meters or 1,485 sq feet when measured on 25 Nov 2013. Using an estimated price of £577,999 means this house is valued at £4,188 per sq meter (£389 per sq foot).
The average size of a house on FOREST STREET is 93 sq meters (1,006 sq feet).
This house is the largest in the street with a floor area of 138 sq meters (1,485 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Vehicle crime | Under investigation | On or near Essex Street |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Essex Street |
Jan 2024 | Other theft | Under investigation | On or near Essex Street |
Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Essex Street |
Jan 2024 | Other crime | Under investigation | On or near Suffolk Street |