£366,069
This estimated value is based upon the latest sale price for the house of £358,000 on 28 Sep 2023. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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120 Upton Lane, Forrest Gate, London, E7 9LW
Phone: 02036410868
Price Paid | Date |
---|---|
£358,000 | 28 Sep 2023 |
£250,000 | 12 Apr 2005 |
Terraced |
Freehold |
Floor Area: 103 sq meters or 1,111 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 September 2023 the House Price Index for GREATER LONDON was 146.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.254%.Applying this 2.254% change to the original purchase price of £358,000 results in an estimated price of approximately £366,069.
28 Sep 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.4 | 149.7 | 2.254 % | £358,000 | £8,069 | £366,069 |
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 | -35.178 % | £-125,938 | £232,061 |
3 Month Average | -9.382 % | £-33,587 | £324,412 |
6 Month Average | -8.868 % | £-31,747 | £326,252 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Sep 2023 | £366,070 | £358,000 | 7 GOWER ROAD |
31 Jan 2023 | £511,366 | £510,000 | 13 DUNBAR ROAD |
28 Feb 2022 | £504,987 | £478,000 | 40 GOWER ROAD |
30 Jul 2021 | £341,543 | £295,000 | 6B SKELTON ROAD |
23 Feb 2021 | £411,704 | £360,000 | 6A SKELTON ROAD |
This house has a floor area of 103 sq meters or 1,111 sq feet when measured on 11 Apr 2009. Using an estimated price of £366,070 means this house is valued at £3,544 per sq meter (£329 per sq foot).
The average size of a house on GOWER ROAD is 119 sq meters (1,289 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Gower Road |
Sep 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Gower Road |
Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Gower Road |
Jul 2024 | Anti-social behaviour | On or near Gower Road | |
Jul 2024 | Anti-social behaviour | On or near Gower Road |