£489,675
This estimated value is based upon the latest sale price for the house of £390,000 on 10 Nov 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 |
|---|---|
| £390,000 | 10 Nov 2017 |
| £250,000 | 22 Jul 2003 |
| £173,500 | 9 May 2003 |
| Terraced |
| Freehold |
| Floor Area: 90 sq meters or 968 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 November 2017 the House Price Index for GREATER LONDON was 117.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 25.558%.Applying this 25.558% change to the original purchase price of £390,000 results in an estimated price of approximately £489,675.
| 10 Nov 2017 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.9 | 148.0 | 25.558 % | £390,000 | £99,675 | £489,675 |
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 | 52.414 % | £204,415 | £594,415 |
| 3 Month Average | 28.970 % | £112,981 | £502,981 |
| 6 Month Average | 18.584 % | £72,476 | £462,476 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £476,112 | £470,000 | 44 STAFFORD ROAD |
| 15 Mar 2023 | £402,174 | £400,000 | 42 DERBY ROAD |
| 17 Dec 2021 | £465,234 | £436,000 | 40 STAFFORD ROAD |
| 16 Sep 2020 | £413,894 | £349,990 | 77 STAFFORD ROAD |
| 7 Sep 2020 | £548,720 | £464,000 | 34 STAFFORD ROAD |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 15 Dec 2016. Using an estimated price of £489,676 means this house is valued at £5,440 per sq meter (£505 per sq foot).
The average size of a house on STAFFORD ROAD is 84 sq meters (909 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Stafford Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Stafford Road |
| Jan 2024 | Vehicle crime | Under investigation | On or near Stafford Road |
| Jan 2024 | Violence and sexual offences | Offender given a caution | On or near Stafford Road |
| Apr 2024 | Other theft | Under investigation | On or near Derby Road |