£496,772
This estimated value is based upon the latest sale price for the house of £393,500 on 16 Mar 2018. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
Get our free house price tracker.
242 Chingford Mount Road, Chingford, London, E4 8JL
Phone: 02080332384
| Price Paid | Date |
|---|---|
| £393,500 | 16 Mar 2018 |
| Terraced |
| Freehold |
| Floor Area: 103 sq meters or 1,108 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 2018 the House Price Index for GREATER LONDON was 118.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.245%.Applying this 26.245% change to the original purchase price of £393,500 results in an estimated price of approximately £496,772.
| 16 Mar 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.6 | 149.7 | 26.245 % | £393,500 | £103,272 | £496,772 |
The Postcode Pricing Model uses changes in average sales price within the E4 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 | 21.822 % | £85,871 | £479,371 |
| 3 Month Average | 17.855 % | £70,258 | £463,758 |
| 6 Month Average | 5.938 % | £23,364 | £416,864 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Sep 2023 | £639,088 | £625,000 | 25 AINSLIE WOOD ROAD |
| 4 Aug 2023 | £264,775 | £260,000 | 4 ACORN CLOSE |
| 17 Mar 2023 | £432,218 | £425,000 | 32 ACORN CLOSE |
| 31 Jan 2023 | £688,089 | £686,250 | 51 AINSLIE WOOD ROAD |
| 20 Jan 2023 | £583,354 | £581,795 | 43 AINSLIE WOOD ROAD |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 7 Nov 2017. Using an estimated price of £496,773 means this house is valued at £4,823 per sq meter (£448 per sq foot).
The average size of a house on OAKFIELD is 134 sq meters (1,449 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Acorn Close | |
| Apr 2024 | Anti-social behaviour | On or near Acorn Close | |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Acorn Close |
| Apr 2024 | Anti-social behaviour | On or near Acorn Close | |
| Apr 2024 | Anti-social behaviour | On or near Acorn Close |