£185,177
This estimated value is based upon the latest sale price for the house of £95,000 on 15 Jul 2004. 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 |
|---|---|
| £95,000 | 15 Jul 2004 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 47 sq meters or 505 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 July 2004 the House Price Index for GREATER LONDON was 76.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 94.924%.Applying this 94.924% change to the original purchase price of £95,000 results in an estimated price of approximately £185,177.
| 15 Jul 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 76.2 | 148.6 | 94.924 % | £95,000 | £90,177 | £185,177 |
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 | 321.974 % | £305,875 | £400,875 |
| 3 Month Average | 154.350 % | £146,632 | £241,632 |
| 6 Month Average | 169.737 % | £161,250 | £256,250 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £477,063 | £470,000 | 44 STAFFORD ROAD |
| 21 Jul 2023 | £491,617 | £485,000 | 31 BRISTOL ROAD |
| 17 Mar 2023 | £413,899 | £410,000 | 90 BRISTOL ROAD |
| 17 Dec 2021 | £467,120 | £436,000 | 40 STAFFORD ROAD |
| 13 Dec 2021 | £460,692 | £430,000 | 52 BRISTOL ROAD |
This house has a floor area of 47 sq meters or 505 sq feet when measured on 5 Sep 2019. Using an estimated price of £185,178 means this house is valued at £3,939 per sq meter (£366 per sq foot).
The average size of a house on STAFFORD ROAD is 84 sq meters (909 sq feet).