£298,402
This estimated value is based upon the latest sale price for the house of £57,000 on 3 Mar 1997. 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 |
|---|---|
| £57,000 | 3 Mar 1997 |
| Terraced |
| Freehold |
| Floor Area: 91 sq meters or 979 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 1997 the House Price Index for GREATER LONDON was 28.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 423.513%.Applying this 423.513% change to the original purchase price of £57,000 results in an estimated price of approximately £298,402.
| 3 Mar 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 28.4 | 148.6 | 423.513 % | £57,000 | £241,402 | £298,402 |
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 | 938.861 % | £535,150 | £592,150 |
| 3 Month Average | 580.464 % | £330,864 | £387,864 |
| 6 Month Average | 628.977 % | £358,516 | £415,516 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Mar 2023 | £418,947 | £415,000 | 429 KATHERINE ROAD |
| 30 Sep 2022 | £520,794 | £525,000 | 462 KATHERINE ROAD |
| 25 Aug 2022 | £510,626 | £512,000 | 117 MONEGA ROAD |
| 29 Nov 2021 | £594,833 | £550,000 | 121 SHERRARD ROAD |
| 20 Oct 2021 | £207,465 | £187,500 | FLAT A 480 KATHERINE ROAD |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 14 Feb 2018. Using an estimated price of £298,402 means this house is valued at £3,279 per sq meter (£304 per sq foot).
The average size of a house on HALLEY ROAD is 107 sq meters (1,152 sq feet).