£216,755
This estimated value is based upon the latest sale price for the house of £166,000 on 30 Mar 2017. 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 |
|---|---|
| £166,000 | 30 Mar 2017 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 74 sq meters or 796 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 2017 the House Price Index for GREATER LONDON was 114.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 30.575%.Applying this 30.575% change to the original purchase price of £166,000 results in an estimated price of approximately £216,755.
| 30 Mar 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.6 | 149.7 | 30.575 % | £166,000 | £50,755 | £216,755 |
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 | 134.619 % | £223,467 | £389,467 |
| 3 Month Average | 38.785 % | £64,383 | £230,383 |
| 6 Month Average | 24.887 % | £41,312 | £207,312 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £19,500 | £19,200 | 74 UPTON LANE |
| 28 Mar 2024 | £563,660 | £555,000 | 13 WHYTEVILLE ROAD |
| 14 Mar 2024 | £233,589 | £230,000 | 87 UPTON LANE |
| 31 Oct 2023 | £470,690 | £460,000 | 31 WHYTEVILLE ROAD |
| 8 Mar 2023 | £315,265 | £310,000 | 19A GLENPARKE ROAD |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 17 Aug 2020. Using an estimated price of £216,755 means this house is valued at £2,929 per sq meter (£272 per sq foot).
The average size of a house on STUDLEY ROAD is 91 sq meters (985 sq feet).