£191,032
This estimated value is based upon the latest sale price for the house of £165,000 on 14 Jul 2021. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
There has been one burglary within the last year on or near Forest Gate
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| Price Paid | Date |
|---|---|
| £165,000 | 14 Jul 2021 |
| £125,000 | 16 Jun 2014 |
| Terraced |
| Freehold |
| Floor Area: 59 sq meters or 635 sq feet |
This model uses changes in the Official Land Registry House Price Index for WORCESTERSHIRE to estimate the market value.
When this house was purchased in July 2021 the House Price Index for WORCESTERSHIRE was 129.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.777%.Applying this 15.777% change to the original purchase price of £165,000 results in an estimated price of approximately £191,032.
| 14 Jul 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.3 | 149.7 | 15.777 % | £165,000 | £26,032 | £191,032 |
The Postcode Pricing Model uses changes in average sales price within the WR11 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 | 45.110 % | £74,430 | £239,430 |
| 3 Month Average | -6.136 % | £-10,125 | £154,874 |
| 6 Month Average | -4.566 % | £-7,533 | £157,466 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Nov 2023 | £128,256 | £125,000 | 134 FOREST GATE |
| 20 Oct 2023 | £199,532 | £195,000 | 114 FOREST GATE |
| 5 Jun 2023 | £195,926 | £192,000 | 95 FOREST GATE |
| 28 Feb 2023 | £148,995 | £148,000 | 43 FOREST GATE |
| 28 Feb 2023 | £183,224 | £182,000 | 102 FAIRFIELD ROAD |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 1 Apr 2014. Using an estimated price of £191,032 means this house is valued at £3,237 per sq meter (£300 per sq foot).
The average size of a house on FOREST GATE is 64 sq meters (694 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Forest Gate |
| Oct 2024 | Burglary | Under investigation | On or near Forest Gate |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Forest Gate |
| Sep 2024 | Other theft | Under investigation | On or near Forest Gate |
| Aug 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Forest Gate |