£423,587
This estimated value is based upon the latest sale price for the house of £170,000 on 17 Jan 2003. 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 |
|---|---|
| £170,000 | 17 Jan 2003 |
| Terraced |
| Freehold |
| Floor Area: 66 sq meters or 710 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 2003 the House Price Index for GREATER LONDON was 60.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 149.169%.Applying this 149.169% change to the original purchase price of £170,000 results in an estimated price of approximately £423,587.
| 17 Jan 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 60.1 | 149.7 | 149.169 % | £170,000 | £253,587 | £423,587 |
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 | 311.961 % | £530,334 | £700,334 |
| 3 Month Average | 235.348 % | £400,092 | £570,092 |
| 6 Month Average | 231.923 % | £394,269 | £564,269 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Mar 2023 | £422,048 | £415,000 | 429 KATHERINE ROAD |
| 30 Sep 2022 | £524,650 | £525,000 | 462 KATHERINE ROAD |
| 29 Jun 2022 | £247,286 | £242,000 | 152 SOUTH ESK ROAD |
| 3 Mar 2022 | £490,649 | £470,000 | 44 MONEGA ROAD |
| 14 Jul 2021 | £439,954 | £380,000 | 452B KATHERINE ROAD |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 4 Sep 2020. Using an estimated price of £423,588 means this house is valued at £6,418 per sq meter (£596 per sq foot).
The average size of a house on KATHERINE ROAD is 67 sq meters (726 sq feet).