£619,008
This estimated value is based upon the latest sale price for the house of £499,500 on 12 Jul 2018. 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 |
|---|---|
| £499,500 | 12 Jul 2018 |
| Terraced |
| Freehold |
| Floor Area: 104 sq meters or 1,119 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 July 2018 the House Price Index for GREATER LONDON was 119.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.926%.Applying this 23.926% change to the original purchase price of £499,500 results in an estimated price of approximately £619,008.
| 12 Jul 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 148.6 | 23.926 % | £499,500 | £119,508 | £619,008 |
The Postcode Pricing Model uses changes in average sales price within the E15 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 | 45.371 % | £226,626 | £726,126 |
| 3 Month Average | 11.798 % | £58,930 | £558,430 |
| 6 Month Average | 5.624 % | £28,091 | £527,591 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Sep 2023 | £521,670 | £515,000 | 35 ST JAMES ROAD |
| 3 Feb 2023 | £364,755 | £365,000 | 47A EARLHAM GROVE |
| 16 Sep 2022 | £1,076,308 | £1,085,000 | 45 EARLHAM GROVE |
| 18 Feb 2022 | £574,685 | £548,000 | 41 ST JAMES ROAD |
| 21 Jan 2022 | £357,819 | £340,000 | 11 GLOBE ROAD |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 31 Jan 2018. Using an estimated price of £619,008 means this house is valued at £5,952 per sq meter (£552 per sq foot).
The average size of a house on FOREST LANE is 65 sq meters (702 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Forest Lane |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Forest Lane |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Shelduck Close |
| Dec 2023 | Anti-social behaviour | On or near Shelduck Close | |
| Dec 2023 | Anti-social behaviour | On or near Shelduck Close |