£247,285
This estimated value is based upon the latest sale price for the house of £242,000 on 29 Jun 2022. 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 |
|---|---|
| £242,000 | 29 Jun 2022 |
| £242,500 | 14 Oct 2013 |
| £200,000 | 22 Nov 2002 |
| Terraced |
| Freehold |
| Floor Area: 90 sq meters or 968 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 2022 the House Price Index for GREATER LONDON was 146.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.184%.Applying this 2.184% change to the original purchase price of £242,000 results in an estimated price of approximately £247,285.
| 29 Jun 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.5 | 149.7 | 2.184 % | £242,000 | £5,285 | £247,285 |
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 | 41.067 % | £99,382 | £341,382 |
| 3 Month Average | 9.742 % | £23,575 | £265,575 |
| 6 Month Average | -3.475 % | £-8,409 | £233,590 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £465,147 | £458,000 | 24 ROTHSAY ROAD |
| 31 Aug 2023 | £458,265 | £450,000 | 361 KATHERINE ROAD |
| 12 Jun 2023 | £724,519 | £710,000 | 361A KATHERINE ROAD |
| 17 Mar 2023 | £422,048 | £415,000 | 429 KATHERINE ROAD |
| 30 Sep 2022 | £524,650 | £525,000 | 462 KATHERINE ROAD |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 8 Jan 2014. Using an estimated price of £247,286 means this house is valued at £2,747 per sq meter (£255 per sq foot).
The average size of a house on SOUTH ESK ROAD is 85 sq meters (919 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near South Esk Road | |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near South Esk Road |
| Sep 2024 | Anti-social behaviour | On or near South Esk Road | |
| Aug 2024 | Violence and sexual offences | Awaiting court outcome | On or near South Esk Road |
| Aug 2024 | Public order | Under investigation | On or near South Esk Road |