£269,056
This estimated value is based upon the latest sale price for the house of £200,000 on 24 Mar 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 |
|---|---|
| £200,000 | 24 Mar 2016 |
| £70,750 | 31 Jul 1998 |
| £48,500 | 24 Mar 1995 |
| Freehold |
| Floor Area: 121 sq meters or 1,302 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 March 2016 the House Price Index for GREATER LONDON was 110.0.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 34.528%.Applying this 34.528% change to the original purchase price of £200,000 results in an estimated price of approximately £269,056.
| 24 Mar 2016 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 148.0 | 34.528 % | £200,000 | £69,056 | £269,056 |
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 | 19.100 % | £38,199 | £238,199 |
| 3 Month Average | 61.982 % | £123,963 | £323,963 |
| 6 Month Average | 40.474 % | £80,948 | £280,948 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Aug 2023 | £452,753 | £450,000 | 165 STRONE ROAD |
| 28 Jul 2023 | £418,963 | £415,000 | 197 STRONE ROAD |
| 16 Sep 2022 | £291,455 | £295,000 | 161A MONEGA ROAD |
| 11 Mar 2022 | £495,398 | £480,000 | 186 MONEGA ROAD |
| 24 Feb 2022 | £506,563 | £485,000 | 110 HALLEY ROAD |
This house has a floor area of 121 sq meters or 1,302 sq feet when measured on 22 Feb 2018. Using an estimated price of £269,057 means this house is valued at £2,223 per sq meter (£206 per sq foot).
The average size of a house on MONEGA ROAD is 94 sq meters (1,018 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Monega Road |
| Mar 2024 | Vehicle crime | Under investigation | On or near Monega Road |
| Feb 2024 | Anti-social behaviour | On or near Monega Road | |
| Jan 2024 | Anti-social behaviour | On or near Monega Road | |
| Jan 2024 | Anti-social behaviour | On or near Monega Road |