£419,080
This estimated value is based upon the latest sale price for the house of £235,000 on 25 Sep 2009. 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 |
|---|---|
| £235,000 | 25 Sep 2009 |
| £59,500 | 13 Jun 1996 |
| £37,000 | 20 Dec 1995 |
| Terraced |
| Freehold |
| Floor Area: 113 sq meters or 1,216 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 September 2009 the House Price Index for GREATER LONDON was 83.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 78.332%.Applying this 78.332% change to the original purchase price of £235,000 results in an estimated price of approximately £419,080.
| 25 Sep 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 83.3 | 148.6 | 78.332 % | £235,000 | £184,080 | £419,080 |
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 | 308.141 % | £724,131 | £959,131 |
| 3 Month Average | 143.156 % | £336,415 | £571,415 |
| 6 Month Average | 163.248 % | £383,633 | £618,633 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £477,063 | £470,000 | 44 STAFFORD ROAD |
| 17 Aug 2023 | £484,236 | £480,000 | 24 DERBY ROAD |
| 15 Mar 2023 | £403,804 | £400,000 | 42 DERBY ROAD |
| 17 Dec 2021 | £467,120 | £436,000 | 40 STAFFORD ROAD |
| 17 Dec 2020 | £504,994 | £440,000 | 45 RUTLAND ROAD |
This house has a floor area of 113 sq meters or 1,216 sq feet when measured on 8 Apr 2016. Using an estimated price of £419,080 means this house is valued at £3,708 per sq meter (£344 per sq foot).
The average size of a house on DERBY ROAD is 93 sq meters (1,005 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Robbery | Investigation complete; no suspect identified | On or near Derby Road |
| Dec 2023 | Criminal damage and arson | Under investigation | On or near Derby Road |