£566,538
This estimated value is based upon the latest sale price for the house of £415,000 on 19 Feb 2016. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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503 Katherine Road Forest Gate, London, E7 8DR
Phone: 02080338580
| Price Paid | Date |
|---|---|
| £415,000 | 19 Feb 2016 |
| Terraced |
| Freehold |
| Floor Area: 114 sq meters or 1,227 sq feet |
This model uses changes in the Official Land Registry House Price Index for GREATER LONDON to estimate the market value.
When this house was purchased in February 2016 the House Price Index for GREATER LONDON was 108.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 36.515%.Applying this 36.515% change to the original purchase price of £415,000 results in an estimated price of approximately £566,538.
| 19 Feb 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.9 | 148.6 | 36.515 % | £415,000 | £151,538 | £566,538 |
The Postcode Pricing Model uses changes in average sales price within the E7 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 10.038 % | £41,657 | £456,657 |
| 3 Month Average | 52.123 % | £216,310 | £631,310 |
| 6 Month Average | 46.222 % | £191,821 | £606,821 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 May 2022 | £244,609 | £240,000 | FLAT 4 3 CHESTER ROAD |
| 28 Apr 2022 | £489,155 | £475,000 | 92 STAFFORD ROAD |
| 21 Jan 2022 | £436,749 | £415,000 | 36 RUTLAND ROAD |
| 17 Dec 2020 | £379,893 | £331,000 | 86 DERBY ROAD |
| 25 Mar 2020 | £256,545 | £213,000 | 246A SHREWSBURY ROAD |
This house has a floor area of 114 sq meters or 1,227 sq feet when measured on 26 Mar 2011. Using an estimated price of £566,538 means this house is valued at £4,969 per sq meter (£461 per sq foot).
The average size of a house on RUTLAND ROAD is 96 sq meters (1,039 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Chester Road |
| Jan 2024 | Other theft | Under investigation | On or near Chester Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Chester Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Chester Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Chester Road |