According to the public record, 123, Forest Lane, London is a period freehold house with 1,112 ft2 of internal area and sits on a 332 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Forest Lane, London, E7 is located in the borough of Newham within the E7 postal district.
123, Forest Lane, London has 41 entries in the Land Registry database, most recently in June 2021 and a single entry in the EPC database dated October 2011.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 123 Forest Lane London as £585,621 and the rental value as £3,095 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of 123 Forest Lane London has increased by £24,901 (4.3%) and its rental value has increased by £166 per month (5.4%).
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, London is in very good condition we estimate a sale value of £614,902 and rental value of £3,250 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £544,627 and a rental value of £2,878 per month.
If you were able to purchase this property for the estimated value of £585,621, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,878 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 123, Forest Lane, London 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, London sits on the 4th largest plot.
According to HM Land Registry, 123, Forest Lane, London was last sold on 14 Jun 2021 for £616,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since Jun 2021, the market for similar properties has risen 7.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 123, Forest Lane, London within a radius of 360 metres over the last 2 years.
The most recent example is 20, Suffolk Street, London, E7 0HF, a Freehold house which sold for £575,000 in Sep 2023.
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, London is the 14th largest and the 14th most expensive property on the street.
When compared to the postcode district it is £92k more expensive than the average property in E7.
123, Forest Lane, London has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 15 Oct 2011.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 123, Forest Lane, London is Forest Gate station which is 200 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 123, Forest Lane, London, 39.6% of property is privately rented and 22.8% is privately owned outright.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 123, Forest Lane, London, 26.7% of residents are recorded as possessing school level qualifications and 36.2% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 123, Forest Lane, London, the average age was 34.4 and the most common age was 37.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 123, Forest Lane, London, 1.5% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 123, Forest Lane, London, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.