£470,057
This estimated value is based upon the latest sale price for the house of £314,000 on 30 Jan 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 |
|---|---|
| £314,000 | 30 Jan 2015 |
| £250,000 | 16 Oct 2007 |
| £108,000 | 18 Aug 2000 |
| £51,000 | 21 Jun 1995 |
| Terraced |
| Freehold |
| Floor Area: 99 sq meters or 1,065 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 January 2015 the House Price Index for GREATER LONDON was 100.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 49.700%.Applying this 49.700% change to the original purchase price of £314,000 results in an estimated price of approximately £470,057.
| 30 Jan 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.0 | 149.7 | 49.700 % | £314,000 | £156,057 | £470,057 |
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 | 107.868 % | £338,706 | £652,706 |
| 3 Month Average | 74.625 % | £234,321 | £548,321 |
| 6 Month Average | 59.830 % | £187,864 | £501,864 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Sep 2023 | £515,361 | £504,000 | 104 SOUTH ESK ROAD |
| 17 Mar 2023 | £416,963 | £410,000 | 90 BRISTOL ROAD |
| 17 Jun 2022 | £510,921 | £500,000 | 120 SOUTH ESK ROAD |
| 13 Dec 2021 | £464,102 | £430,000 | 52 BRISTOL ROAD |
| 9 Oct 2020 | £644,063 | £545,000 | 55 BRISTOL ROAD |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 5 Dec 2014. Using an estimated price of £470,058 means this house is valued at £4,748 per sq meter (£441 per sq foot).
The average size of a house on BRISTOL ROAD is 89 sq meters (967 sq feet).