£81,830
This estimated value is based upon the latest sale price for the house of £14,500 on 1 Mar 1996. 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 |
---|---|
£14,500 | 1 Mar 1996 |
Flats/Maisonettes |
Leasehold |
Floor Area: 49 sq meters or 527 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 March 1996 the House Price Index for GREATER LONDON was 26.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 464.349%.Applying this 464.349% change to the original purchase price of £14,500 results in an estimated price of approximately £81,830.
1 Mar 1996 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
26.3 | 148.6 | 464.349 % | £14,500 | £67,330 | £81,830 |
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 | 1042.462 % | £151,157 | £165,657 |
3 Month Average | 624.502 % | £90,552 | £105,052 |
6 Month Average | 670.791 % | £97,264 | £111,764 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Jul 2023 | £491,617 | £485,000 | 31 BRISTOL ROAD |
17 Mar 2023 | £413,899 | £410,000 | 90 BRISTOL ROAD |
13 Dec 2021 | £460,692 | £430,000 | 52 BRISTOL ROAD |
17 Jun 2021 | £488,181 | £455,000 | 20 BRISTOL ROAD |
18 Dec 2020 | £436,131 | £380,000 | 2 STAFFORD ROAD |
This house has a floor area of 49 sq meters or 527 sq feet when measured on 15 Aug 2018. Using an estimated price of £81,831 means this house is valued at £1,670 per sq meter (£155 per sq foot).
The average size of a house on STAFFORD ROAD is 84 sq meters (909 sq feet).