2, FOREST DRIVE, LONDON, E12 5DF - £130,000

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.

2 FOREST DRIVE is a midsized flat of 63m², built sometime between 1950 and 1966, which could now be worth an estimated £124,721. It was last sold for £130,000 in April 2017, which was around 62% below the average April 2017 flat price in the Newham local authority area. The most recent EPC inspection was July 2015, where the current energy rating was C, and the potential energy rating was C.

2 FOREST DRIVE Sold Prices

Land registry data shows three sales for 2 FOREST DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average flat price in the Newham local authority area for the corresponding sale date. All of the three 2 FOREST DRIVE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2017 28 APR	£130,000	£345,432	62% below HPI
2002 20 SEP	£115,000	£149,200	23% below HPI
1999 25 JUN	£47,500	£71,581	34% below HPI

What might 2 FOREST DRIVE be worth now?

2 FOREST DRIVE might now be worth an estimated £124,721.

This is based on house price deflation of 4.1%, between April 2017 and April 2026, for flats, in the Newham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 4.1% deflationary decrease is applied to the most recent sale price for 2 FOREST DRIVE of £130,000 on 28th April 2017. For the value to have decreased from £130,000 to £124,721 over the nine years to April 2026, the following assumptions must hold true:

• The value of 2 FOREST DRIVE has moved in line with the HPI for flats in the Newham local authority area.
• The April 2017 sale price of £130,000 represented a fair market value for the property.
• The size, condition, and specification of 2 FOREST DRIVE has not materially changed since April 2017.

How Large is 2 FOREST DRIVE?

2 FOREST DRIVE is 63m² according to the EPC inspection conducted in July 2015. This puts it in the largest 50% of flats in London, based on EPC data. 52% of flats are smaller than 2 FOREST DRIVE, and 46% of flats are larger. Note that EPC data is not available for all properties in London.

2 FOREST DRIVE: Plot

2 FOREST DRIVE sits on a plot of roughly 1.5 acres, or 5,879m².

Where is 2 FOREST DRIVE?

2 FOREST DRIVE is located in LONDON, in the E12 postcode district.