£370,035
This estimated value is based upon the latest sale price for the house of £77,000 on 27 Feb 1998. 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 |
---|---|
£77,000 | 27 Feb 1998 |
Terraced |
Freehold |
Floor Area: 93 sq meters or 1,001 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 1998 the House Price Index for GREATER LONDON was 30.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 380.566%.Applying this 380.566% change to the original purchase price of £77,000 results in an estimated price of approximately £370,035.
27 Feb 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
30.9 | 148.6 | 380.566 % | £77,000 | £293,035 | £370,035 |
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 | 469.290 % | £361,353 | £438,353 |
3 Month Average | 658.202 % | £506,815 | £583,815 |
6 Month Average | 595.053 % | £458,190 | £535,190 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
2 Apr 2024 | £400,000 | £400,000 | 167 SOUTH ESK ROAD |
22 Nov 2023 | £196,915 | £194,000 | 231 STRONE ROAD |
21 Jul 2023 | £491,617 | £485,000 | 31 BRISTOL ROAD |
7 Jul 2023 | £494,151 | £487,500 | 139 SOUTH ESK ROAD |
28 Apr 2022 | £489,155 | £475,000 | 92 STAFFORD ROAD |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 1 Dec 2015. Using an estimated price of £370,036 means this house is valued at £3,978 per sq meter (£369 per sq foot).
The average size of a house on SOUTH ESK ROAD is 85 sq meters (919 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Drugs | Under investigation | On or near Shrewsbury Road |
Jan 2024 | Vehicle crime | Under investigation | On or near Strone Road |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Strone Road |
Jan 2024 | Criminal damage and arson | Under investigation | On or near Strone Road |