£463,307
This estimated value is based upon the latest sale price for the house of £375,000 on 21 Jun 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Rutland Road
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503 Katherine Road Forest Gate, London, E7 8DR
Phone: 02080338580
| Price Paid | Date |
|---|---|
| £375,000 | 21 Jun 2019 |
| £109,995 | 13 Jul 2000 |
| £77,000 | 13 Mar 2000 |
| Terraced |
| Freehold |
| Floor Area: 72 sq meters or 775 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 June 2019 the House Price Index for GREATER LONDON was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.549%.Applying this 23.549% change to the original purchase price of £375,000 results in an estimated price of approximately £463,307.
| 21 Jun 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.549 % | £375,000 | £88,307 | £463,307 |
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 | 68.197 % | £255,737 | £630,737 |
| 3 Month Average | 8.019 % | £30,071 | £405,071 |
| 6 Month Average | 15.173 % | £56,896 | £431,896 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Aug 2023 | £484,236 | £480,000 | 24 DERBY ROAD |
| 15 Mar 2023 | £403,804 | £400,000 | 42 DERBY ROAD |
| 21 Jan 2022 | £436,749 | £415,000 | 36 RUTLAND ROAD |
| 17 Dec 2020 | £504,994 | £440,000 | 45 RUTLAND ROAD |
| 2 Nov 2020 | £208,684 | £180,000 | 73A RUTLAND ROAD |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 12 Mar 2019. Using an estimated price of £463,308 means this house is valued at £6,434 per sq meter (£597 per sq foot).
The average size of a house on RUTLAND ROAD is 96 sq meters (1,039 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Rutland Road | |
| Jan 2024 | Burglary | Under investigation | On or near Rutland Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Rutland Road |
| Jan 2024 | Anti-social behaviour | On or near Rutland Road | |
| Jan 2024 | Anti-social behaviour | On or near Rutland Road |