£609,475
This estimated value is based upon the latest sale price for the house of £480,000 on 28 Jul 2017. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Quakers Place
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503 Katherine Road Forest Gate, London, E7 8DR
Phone: 02080338580
| Price Paid | Date |
|---|---|
| £480,000 | 28 Jul 2017 |
| Terraced |
| Freehold |
| Floor Area: 98 sq meters or 1,054 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 2017 the House Price Index for GREATER LONDON was 116.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 26.974%.Applying this 26.974% change to the original purchase price of £480,000 results in an estimated price of approximately £609,475.
| 28 Jul 2017 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.6 | 148.0 | 26.974 % | £480,000 | £129,475 | £609,475 |
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 | 8.348 % | £40,070 | £520,070 |
| 3 Month Average | 29.546 % | £141,823 | £621,823 |
| 6 Month Average | 52.694 % | £252,933 | £732,933 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Mar 2023 | £452,446 | £450,000 | 147 SHERRARD ROAD |
| 13 Jan 2023 | £579,906 | £585,000 | 2 NIGEL ROAD |
| 17 Jun 2022 | £502,089 | £497,000 | 26 NIGEL ROAD |
| 23 Nov 2021 | £517,031 | £480,000 | 53 NIGEL ROAD |
| 24 Jun 2021 | £229,747 | £215,000 | 116 SHERRARD ROAD |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 22 May 2017. Using an estimated price of £609,476 means this house is valued at £6,219 per sq meter (£577 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 | Robbery | Under investigation | On or near Quakers Place |
| Mar 2024 | Public order | Under investigation | On or near Quakers Place |
| Mar 2024 | Vehicle crime | Under investigation | On or near Quakers Place |
| Mar 2024 | Vehicle crime | Under investigation | On or near Quakers Place |
| Feb 2024 | Burglary | Under investigation | On or near Quakers Place |