£463,078
This estimated value is based upon the latest sale price for the house of £390,000 on 18 Sep 2020. 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 |
|---|---|
| £390,000 | 18 Sep 2020 |
| Terraced |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 2020 the House Price Index for GREATER LONDON was 125.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 18.738%.Applying this 18.738% change to the original purchase price of £390,000 results in an estimated price of approximately £463,078.
| 18 Sep 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 148.6 | 18.738 % | £390,000 | £73,078 | £463,078 |
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 | 76.572 % | £298,629 | £688,629 |
| 3 Month Average | 51.535 % | £200,987 | £590,987 |
| 6 Month Average | 53.566 % | £208,908 | £598,908 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Jan 2023 | £582,257 | £585,000 | 2 NIGEL ROAD |
| 20 Sep 2022 | £466,235 | £470,000 | 38 BIRCHDALE ROAD |
| 17 Jun 2022 | £504,124 | £497,000 | 26 NIGEL ROAD |
| 23 Nov 2021 | £519,127 | £480,000 | 53 NIGEL ROAD |
| 28 Jun 2021 | £313,294 | £292,000 | 55A BIRCHDALE ROAD |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 19 Feb 2020. Using an estimated price of £463,079 means this house is valued at £4,926 per sq meter (£457 per sq foot).
The average size of a house on NIGEL ROAD is 92 sq meters (998 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | 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 |
| 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 |