£396,886
This estimated value is based upon the latest sale price for the house of £285,000 on 13 Nov 2015. 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 |
---|---|
£285,000 | 13 Nov 2015 |
Flats/Maisonettes |
Leasehold |
Floor Area: 71 sq meters or 764 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 November 2015 the House Price Index for GREATER LONDON was 106.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 39.258%.Applying this 39.258% change to the original purchase price of £285,000 results in an estimated price of approximately £396,886.
13 Nov 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
106.7 | 148.6 | 39.258 % | £285,000 | £111,886 | £396,886 |
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 | 0.026 % | £74 | £285,074 |
3 Month Average | 75.738 % | £215,853 | £500,853 |
6 Month Average | 55.778 % | £158,967 | £443,967 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Nov 2023 | £477,063 | £470,000 | 44 STAFFORD ROAD |
17 Aug 2023 | £484,236 | £480,000 | 24 DERBY ROAD |
15 Mar 2023 | £403,804 | £400,000 | 42 DERBY ROAD |
28 Apr 2022 | £489,155 | £475,000 | 92 STAFFORD ROAD |
17 Dec 2021 | £467,120 | £436,000 | 40 STAFFORD ROAD |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 24 Aug 2019. Using an estimated price of £396,887 means this house is valued at £5,589 per sq meter (£519 per sq foot).
The average size of a house on OYSTER MEWS is 76 sq meters (823 sq feet).
This house is the largest in the street with a floor area of 71 sq meters (764 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Stafford Road |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Stafford Road |
Jan 2024 | Vehicle crime | Under investigation | On or near Stafford Road |
Jan 2024 | Violence and sexual offences | Offender given a caution | On or near Stafford Road |