£332,999
This estimated value is based upon the latest sale price for the house of £210,000 on 28 Mar 2014. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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2 Sebert Road, Forest Gate, London, E7 0NQ
Phone: 02081152373
Price Paid | Date |
---|---|
£210,000 | 28 Mar 2014 |
£178,000 | 9 Dec 2013 |
£32,000 | 12 Jan 1996 |
Flats/Maisonettes |
Leasehold |
Floor Area: 56 sq meters or 602 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 March 2014 the House Price Index for GREATER LONDON was 94.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 58.571%.Applying this 58.571% change to the original purchase price of £210,000 results in an estimated price of approximately £332,999.
28 Mar 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
94.4 | 149.7 | 58.571 % | £210,000 | £122,999 | £332,999 |
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 | 128.854 % | £270,592 | £480,592 |
3 Month Average | 92.651 % | £194,566 | £404,566 |
6 Month Average | 80.596 % | £169,252 | £379,252 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Sep 2023 | £787,357 | £770,000 | 91 SEBERT ROAD |
8 Jun 2023 | £459,202 | £450,000 | 11 CHESTNUT AVENUE |
30 Mar 2023 | £737,313 | £725,000 | 33 AVENUE ROAD |
6 Mar 2023 | £1,220,380 | £1,200,000 | 17 AVENUE ROAD |
3 Aug 2022 | £383,795 | £382,000 | FLAT B 13 AVENUE ROAD |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 20 Jul 2013. Using an estimated price of £333,000 means this house is valued at £5,946 per sq meter (£552 per sq foot).
The average size of a house on AVENUE ROAD is 102 sq meters (1,100 sq feet).