£390,363
This estimated value is based upon the latest sale price for the house of £235,000 on 15 Jul 2013. 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 |
|---|---|
| £235,000 | 15 Jul 2013 |
| 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 July 2013 the House Price Index for GREATER LONDON was 89.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 66.112%.Applying this 66.112% change to the original purchase price of £235,000 results in an estimated price of approximately £390,363.
| 15 Jul 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.5 | 148.6 | 66.112 % | £235,000 | £155,363 | £390,363 |
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 | 202.373 % | £475,575 | £710,575 |
| 3 Month Average | 100.648 % | £236,523 | £471,523 |
| 6 Month Average | 111.104 % | £261,094 | £496,094 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £527,225 | £518,000 | 40 SHREWSBURY ROAD |
| 8 Sep 2023 | £455,828 | £450,000 | 191 HALLEY ROAD |
| 1 Sep 2023 | £344,404 | £340,000 | FLAT C 506 ROMFORD ROAD |
| 18 Aug 2023 | £237,074 | £235,000 | 90 SHREWSBURY ROAD |
| 28 Apr 2023 | £424,571 | £420,000 | 27 QUAKERS PLACE |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 23 Mar 2013. Using an estimated price of £390,364 means this house is valued at £4,435 per sq meter (£412 per sq foot).
The average size of a house on SHREWSBURY ROAD is 106 sq meters (1,149 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Quakers Place |
| Jan 2024 | Anti-social behaviour | On or near Quakers Place | |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Quakers Place |
| Jan 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Quakers Place |
| Jan 2024 | Anti-social behaviour | On or near Quakers Place |