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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 123, Forest Lane is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 1,327 ft2 of internal area and sits on a 332 m2 plot and a garden.
Houses of this size in this area normally have 4 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 123, Forest Lane is £628,956 and the estimated rental value is £3,837 per month.
Forest Lane, London, E7 is located in the borough of Newham within the E7 postal district.
123, Forest Lane has 41 entries in the Land Registry , most recently in June 2021 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 123, Forest Lane is in very good condition we estimate a sale value of £660,404 and a rental value of £4,029 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £584,929 and a rental value of £3,568 per month.
Over the last 12 months the sale value of 123 Forest Lane has decreased by an estimated £6,168 (1.0%) and its rental value has increased by an estimated £129 per month (3.4%), giving an expected gross yield of 7.3%.
According to data from HM Land Registry, 123, Forest Lane sits on a plot of 332m2.
We have plot size data on 16 out of 26 other houses in the postcode and 123, Forest Lane sits on the 6th largest plot.
According to HM Land Registry, 123, Forest Lane was last sold on 14th June 2021 for £616,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since June 2021, the market for similar properties has dropped 4.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 123, Forest Lane within a radius of 350 metres over the last 2 years.
The most recent example is 138, Forest Lane, London, E7 9BB, a freehold house which sold for £525,000 on the 19th November 2021.
Read more about house prices in E7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Forest Lane, London, E7 has a total of 36 addresses. According to our analysis of all the public data, 123, Forest Lane is the 9th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £150k more expensive than the average property in E7.
The nearest school is Forest Gate Community School which is 85 metres away. The nearest train station is Forest Gate which is 200 metres away.
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