£529,203
This estimated value is based upon the latest sale price for the house of £410,000 on 30 Jun 2017. 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 |
|---|---|
| £410,000 | 30 Jun 2017 |
| Terraced |
| Freehold |
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 2017 the House Price Index for GREATER LONDON was 116.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 29.074%.Applying this 29.074% change to the original purchase price of £410,000 results in an estimated price of approximately £529,203.
| 30 Jun 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.0 | 149.7 | 29.074 % | £410,000 | £119,203 | £529,203 |
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 | 102.148 % | £418,805 | £828,805 |
| 3 Month Average | 43.286 % | £177,471 | £587,471 |
| 6 Month Average | 51.806 % | £212,406 | £622,406 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Mar 2023 | £457,643 | £450,000 | 147 SHERRARD ROAD |
| 20 Sep 2022 | £469,686 | £470,000 | 38 BIRCHDALE ROAD |
| 17 Jun 2022 | £507,856 | £497,000 | 26 NIGEL ROAD |
| 23 Nov 2021 | £522,969 | £480,000 | 53 NIGEL ROAD |
| 28 Jun 2021 | £315,613 | £292,000 | 55A BIRCHDALE ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Drugs | Under investigation | On or near Birchdale Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Birchdale Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Birchdale Road |
| Apr 2024 | Anti-social behaviour | On or near Nigel Road | |
| Apr 2024 | Anti-social behaviour | On or near Nigel Road |