£649,845
This estimated value is based upon the latest sale price for the house of £483,000 on 3 Jun 2016. 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 |
|---|---|
| £483,000 | 3 Jun 2016 |
| Terraced |
| Freehold |
| Floor Area: 99 sq meters or 1,065 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 June 2016 the House Price Index for GREATER LONDON was 111.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.544%.Applying this 34.544% change to the original purchase price of £483,000 results in an estimated price of approximately £649,845.
| 3 Jun 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.3 | 149.7 | 34.544 % | £483,000 | £166,845 | £649,845 |
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 | 247.889 % | £1,197,302 | £1,680,302 |
| 3 Month Average | 35.755 % | £172,696 | £655,696 |
| 6 Month Average | 35.887 % | £173,333 | £656,333 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Jan 2023 | £576,540 | £575,000 | 127 TOWER HAMLETS ROAD |
| 4 Nov 2022 | £457,859 | £460,000 | 45 TOWER HAMLETS ROAD |
| 9 Sep 2022 | £493,670 | £494,000 | 119 TOWER HAMLETS ROAD |
| 4 Jul 2022 | £308,087 | £305,000 | 23 MAGPIE CLOSE |
| 18 May 2022 | £585,247 | £570,000 | 115 WELLINGTON ROAD |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 21 Dec 2015. Using an estimated price of £649,845 means this house is valued at £6,564 per sq meter (£609 per sq foot).
The average size of a house on TOWER HAMLETS ROAD is 81 sq meters (880 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Tower Hamlets Road | |
| Apr 2024 | Anti-social behaviour | On or near Tower Hamlets Road | |
| Apr 2024 | Anti-social behaviour | On or near Tower Hamlets Road | |
| Apr 2024 | Anti-social behaviour | On or near Tower Hamlets Road | |
| Apr 2024 | Anti-social behaviour | On or near Tower Hamlets Road |