£229,747
This estimated value is based upon the latest sale price for the house of £215,000 on 24 Jun 2021. 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 |
---|---|
£215,000 | 24 Jun 2021 |
£282,500 | 30 Oct 2013 |
Terraced |
Freehold |
Floor Area: 104 sq meters or 1,122 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 June 2021 the House Price Index for GREATER LONDON was 138.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 6.859%.Applying this 6.859% change to the original purchase price of £215,000 results in an estimated price of approximately £229,747.
24 Jun 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
138.5 | 148.0 | 6.859 % | £215,000 | £14,747 | £229,747 |
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 | 6.470 % | £13,911 | £228,911 |
3 Month Average | 45.711 % | £98,277 | £313,277 |
6 Month Average | 26.270 % | £56,481 | £271,481 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Mar 2023 | £452,446 | £450,000 | 147 SHERRARD ROAD |
16 Sep 2022 | £291,455 | £295,000 | 161A MONEGA ROAD |
24 Feb 2022 | £506,563 | £485,000 | 110 HALLEY ROAD |
17 Dec 2021 | £564,470 | £529,000 | 147 HALLEY ROAD |
30 Sep 2021 | £547,353 | £510,000 | 144 HALLEY ROAD |
This house has a floor area of 104 sq meters or 1,122 sq feet when measured on 8 Jun 2010. Using an estimated price of £229,747 means this house is valued at £2,203 per sq meter (£204 per sq foot).
The average size of a house on SHERRARD ROAD is 100 sq meters (1,082 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Drugs | Under investigation | On or near Birchdale Road |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Birchdale Road |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Birchdale Road |
Mar 2024 | Robbery | Under investigation | On or near Birchdale Road |
Mar 2024 | Anti-social behaviour | On or near Birchdale Road |