£333,581
This estimated value is based upon the latest sale price for the house of £270,000 on 14 Jun 2019. 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 |
---|---|
£270,000 | 14 Jun 2019 |
£45,000 | 6 May 1998 |
Terraced |
Freehold |
Floor Area: 47 sq meters or 514 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 June 2019 the House Price Index for GREATER LONDON was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.549%.Applying this 23.549% change to the original purchase price of £270,000 results in an estimated price of approximately £333,581.
14 Jun 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 148.6 | 23.549 % | £270,000 | £63,581 | £333,581 |
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 | 68.197 % | £184,131 | £454,131 |
3 Month Average | 8.019 % | £21,651 | £291,651 |
6 Month Average | 15.173 % | £40,965 | £310,965 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Sep 2023 | £292,743 | £289,000 | 98C WINDSOR ROAD |
28 Jun 2023 | £597,234 | £590,000 | 490 ROMFORD ROAD |
17 Mar 2023 | £575,421 | £570,000 | 17 BIRCHDALE ROAD |
20 Feb 2023 | £723,513 | £724,000 | 466 ROMFORD ROAD |
13 Jan 2023 | £582,257 | £585,000 | 2 NIGEL ROAD |
This house has a floor area of 47 sq meters or 514 sq feet when measured on 18 Feb 2010. Using an estimated price of £333,581 means this house is valued at £6,974 per sq meter (£647 per sq foot).
The average size of a house on NIGEL ROAD is 92 sq meters (998 sq feet).
This house is the smallest in the street with a floor area of 47 sq meters (514 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Under investigation | On or near Nigel Road |
Jan 2024 | Other theft | Under investigation | On or near Nigel Road |
Jan 2024 | Theft from the person | Under investigation | On or near Nigel Road |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Nigel Road |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Nigel Road |