£383,840
This estimated value is based upon the latest sale price for the house of £213,000 on 1 Dec 2005. 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 |
|---|---|
| £213,000 | 1 Dec 2005 |
| Terraced |
| Freehold |
| Floor Area: 86 sq meters or 925 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 December 2005 the House Price Index for GREATER LONDON was 82.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 80.207%.Applying this 80.207% change to the original purchase price of £213,000 results in an estimated price of approximately £383,840.
| 1 Dec 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 82.5 | 148.6 | 80.207 % | £213,000 | £170,840 | £383,840 |
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 | 111.481 % | £237,454 | £450,454 |
| 3 Month Average | 183.424 % | £390,693 | £603,693 |
| 6 Month Average | 149.993 % | £319,485 | £532,485 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Apr 2024 | £400,000 | £400,000 | 167 SOUTH ESK ROAD |
| 6 Sep 2023 | £510,528 | £504,000 | 104 SOUTH ESK ROAD |
| 7 Jul 2023 | £494,151 | £487,500 | 139 SOUTH ESK ROAD |
| 17 Jun 2022 | £507,167 | £500,000 | 120 SOUTH ESK ROAD |
| 22 Mar 2021 | £244,884 | £220,000 | 173 SOUTH ESK ROAD |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 22 Dec 2008. Using an estimated price of £383,841 means this house is valued at £4,463 per sq meter (£414 per sq foot).
The average size of a house on SOUTH ESK ROAD is 85 sq meters (919 sq feet).