12, FOREST CLOSE, LONDON, E11 1PY - £500,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

12 FOREST CLOSE is a detached house, which could now be worth an estimated £1,307,260. It was last sold for £500,000 in January 2003, which was around 15% above the average January 2003 detached price in the Redbridge local authority area.

12 FOREST CLOSE Sold Prices

Land registry data shows one sale for 12 FOREST CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Redbridge local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2003 17 JAN	£500,000	£436,252	15% above HPI

What might 12 FOREST CLOSE be worth now?

12 FOREST CLOSE might now be worth an estimated £1,307,260.

This is based on house price inflation of 161.5%, between January 2003 and April 2026, for detached houses, in the Redbridge local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 161.5% inflationary increase is applied to the most recent sale price for 12 FOREST CLOSE of £500,000 on 17th January 2003. For the value to have increased from £500,000 to £1,307,260 over the 22 years and nine months to April 2026, the following assumptions must hold true:

• The value of 12 FOREST CLOSE has moved in line with the HPI for detached houses in the Redbridge local authority area.
• The January 2003 sale price of £500,000 represented a fair market value for the property.
• The size, condition, and specification of 12 FOREST CLOSE has not materially changed since January 2003.

Where is 12 FOREST CLOSE?

12 FOREST CLOSE is located in LONDON, in the E11 postcode district.