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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, 141, Forest Lane is a period freehold house with 1,323 ft2 of internal area.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 141, Forest Lane is £627,386 and the estimated rental value is £3,829 per month.
Forest Lane, London, E7 is located in the borough of Newham within the E7 postal district.
141, Forest Lane has a single entry in the Land Registry from March 2012 and a single entry in the EPC database dated August 2022.
We combine this information with that of neighbouring properties to estimate the property 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 141, Forest Lane is in very good condition we estimate a sale value of £658,756 and a rental value of £4,020 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £583,469 and a rental value of £3,561 per month.
Over the last 12 months the sale value of 141 Forest Lane has decreased by an estimated £6,152 (1.0%) and its rental value has increased by an estimated £128 per month (3.4%), giving an expected gross yield of 7.3%.
141, Forest Lane has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 30 Aug 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and underfloor heating, mains gas.
According to HM Land Registry, 141, Forest Lane was last sold on 23rd March 2012 for £188,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since March 2012, the market for similar properties has risen 92.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 141, 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, 141, Forest Lane is the 10th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £148k 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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