£499,339
This estimated value is based upon the latest sale price for the house of £490,000 on 21 Apr 2023. 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 |
|---|---|
| £490,000 | 21 Apr 2023 |
| £340,000 | 3 Oct 2014 |
| Terraced |
| Freehold |
| Floor Area: 71 sq meters or 764 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 April 2023 the House Price Index for GREATER LONDON was 146.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.906%.Applying this 1.906% change to the original purchase price of £490,000 results in an estimated price of approximately £499,339.
| 21 Apr 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.9 | 149.7 | 1.906 % | £490,000 | £9,339 | £499,339 |
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 | -5.954 % | £-29,174 | £460,825 |
| 3 Month Average | -5.456 % | £-26,735 | £463,264 |
| 6 Month Average | -16.396 % | £-80,340 | £409,659 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £554,577 | £540,500 | 20 NORFOLK STREET |
| 25 Sep 2023 | £587,961 | £575,000 | 20 SUFFOLK STREET |
| 22 Sep 2023 | £465,256 | £455,000 | 23 NORFOLK STREET |
| 7 Jun 2023 | £521,450 | £511,000 | 12 NORFOLK STREET |
| 21 Apr 2023 | £499,340 | £490,000 | 75 SUFFOLK STREET |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 2 Feb 2015. Using an estimated price of £499,340 means this house is valued at £7,032 per sq meter (£653 per sq foot).
The average size of a house on SUFFOLK STREET is 73 sq meters (790 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Suffolk Street |
| Aug 2024 | Anti-social behaviour | On or near Suffolk Street | |
| Aug 2024 | Anti-social behaviour | On or near Suffolk Street | |
| Jul 2024 | Anti-social behaviour | On or near Suffolk Street | |
| Jul 2024 | Anti-social behaviour | On or near Suffolk Street |