£155,113
This estimated value is based upon the latest sale price for the house of £33,000 on 5 Aug 1998. 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 |
|---|---|
| £33,000 | 5 Aug 1998 |
| £32,500 | 18 Jun 1998 |
| £40,000 | 9 Jun 1995 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 52 sq meters or 559 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 August 1998 the House Price Index for GREATER LONDON was 31.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 370.042%.Applying this 370.042% change to the original purchase price of £33,000 results in an estimated price of approximately £155,113.
| 5 Aug 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 31.8 | 149.7 | 370.042 % | £33,000 | £122,113 | £155,113 |
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 | 625.575 % | £206,439 | £239,439 |
| 3 Month Average | 548.298 % | £180,938 | £213,938 |
| 6 Month Average | 528.465 % | £174,393 | £207,393 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2023 | £458,265 | £450,000 | 361 KATHERINE ROAD |
| 12 Jun 2023 | £724,519 | £710,000 | 361A KATHERINE ROAD |
| 17 Mar 2023 | £422,048 | £415,000 | 429 KATHERINE ROAD |
| 30 Sep 2022 | £524,650 | £525,000 | 462 KATHERINE ROAD |
| 25 Aug 2022 | £514,405 | £512,000 | 117 MONEGA ROAD |
This house has a floor area of 52 sq meters or 559 sq feet when measured on 15 Feb 2013. Using an estimated price of £155,114 means this house is valued at £2,982 per sq meter (£277 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 South Esk Road | |
| Aug 2024 | Public order | Under investigation | On or near South Esk Road |
| Aug 2024 | Violence and sexual offences | Awaiting court outcome | On or near South Esk Road |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near South Esk Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near South Esk Road |