£1,188,391
This estimated value is based upon the latest sale price for the house of £800,000 on 9 Dec 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 |
|---|---|
| £800,000 | 9 Dec 2014 |
| Terraced |
| Freehold |
| Floor Area: 226 sq meters or 2,442 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 December 2014 the House Price Index for GREATER LONDON was 99.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 48.549%.Applying this 48.549% change to the original purchase price of £800,000 results in an estimated price of approximately £1,188,391.
| 9 Dec 2014 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.6 | 148.0 | 48.549 % | £800,000 | £388,391 | £1,188,391 |
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 | 44.382 % | £355,054 | £1,155,054 |
| 3 Month Average | 95.210 % | £761,678 | £1,561,678 |
| 6 Month Average | 75.748 % | £605,983 | £1,405,983 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £367,233 | £365,000 | 140A WINDSOR ROAD |
| 28 Jun 2023 | £537,357 | £533,000 | 488 ROMFORD ROAD |
| 28 Jun 2023 | £594,823 | £590,000 | 490 ROMFORD ROAD |
| 17 Mar 2023 | £573,098 | £570,000 | 17 BIRCHDALE ROAD |
| 20 Feb 2023 | £720,592 | £724,000 | 466 ROMFORD ROAD |
This house has a floor area of 226 sq meters or 2,442 sq feet when measured on 15 Oct 2011. Using an estimated price of £1,188,392 means this house is valued at £5,237 per sq meter (£486 per sq foot).
The average size of a house on WINDSOR ROAD is 137 sq meters (1,482 sq feet).