£359,304
This estimated value is based upon the latest sale price for the house of £200,000 on 23 Sep 2009. 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 | 23 Sep 2009 |
Terraced |
Freehold |
Floor Area: 94 sq meters or 1,011 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 September 2009 the House Price Index for GREATER LONDON was 83.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 79.652%.Applying this 79.652% change to the original purchase price of £200,000 results in an estimated price of approximately £359,304.
23 Sep 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
83.3 | 149.7 | 79.652 % | £200,000 | £159,304 | £359,304 |
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 | 240.463 % | £480,925 | £680,925 |
3 Month Average | 169.654 % | £339,307 | £539,307 |
6 Month Average | 159.931 % | £319,861 | £519,861 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Sep 2023 | £461,166 | £451,000 | 314 KATHERINE ROAD |
10 Feb 2023 | £307,051 | £305,000 | FLAT 16 BRIDGEPOINT LOFTS, 6 SHAFTESBURY ROAD |
3 Dec 2021 | £329,189 | £305,000 | FLAT 5 BRIDGEPOINT LOFTS, 6 SHAFTESBURY ROAD |
30 Sep 2021 | £448,340 | £413,000 | FLAT 51 BRIDGEPOINT LOFTS, 6 SHAFTESBURY ROAD |
3 Sep 2021 | £379,949 | £350,000 | FLAT 10 VINEYARD STUDIOS, 18 SHAFTESBURY ROAD |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 11 Jun 2009. Using an estimated price of £359,304 means this house is valued at £3,822 per sq meter (£355 per sq foot).
The average size of a house on KATHERINE ROAD is 67 sq meters (726 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Anti-social behaviour | On or near Rutland Road | |
Sep 2024 | Robbery | Awaiting court outcome | On or near Rutland Road |
Sep 2024 | Other theft | Unable to prosecute suspect | On or near Rutland Road |
Sep 2024 | Anti-social behaviour | On or near Rutland Road | |
Aug 2024 | Criminal damage and arson | Under investigation | On or near Rutland Road |