£367,408
This estimated value is based upon the latest sale price for the house of £240,000 on 10 Jun 2014. 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 |
|---|---|
| £240,000 | 10 Jun 2014 |
| Terraced |
| Freehold |
| Floor Area: 88 sq meters or 947 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 2014 the House Price Index for GREATER LONDON was 96.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 53.087%.Applying this 53.087% change to the original purchase price of £240,000 results in an estimated price of approximately £367,408.
| 10 Jun 2014 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.7 | 148.0 | 53.087 % | £240,000 | £127,408 | £367,408 |
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 | 79.306 % | £190,335 | £430,335 |
| 3 Month Average | 99.644 % | £239,146 | £479,146 |
| 6 Month Average | 87.474 % | £209,936 | £449,936 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £367,233 | £365,000 | 140A WINDSOR ROAD |
| 28 Apr 2023 | £423,145 | £420,000 | 27 QUAKERS PLACE |
| 17 Mar 2023 | £573,098 | £570,000 | 17 BIRCHDALE ROAD |
| 20 Feb 2023 | £720,592 | £724,000 | 466 ROMFORD ROAD |
| 13 Jan 2023 | £579,906 | £585,000 | 2 NIGEL ROAD |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 28 Mar 2014. Using an estimated price of £367,408 means this house is valued at £4,175 per sq meter (£387 per sq foot).
The average size of a house on NIGEL ROAD is 92 sq meters (998 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Nigel Road | |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Nigel Road |
| Apr 2024 | Anti-social behaviour | On or near Nigel Road | |
| Mar 2024 | Vehicle crime | Under investigation | On or near Nigel Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Nigel Road |