£924,176
This estimated value is based upon the latest sale price for the house of £750,000 on 29 May 2020. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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40 Orford Road, London, E17 9NJ
Phone: 02077680484
| Price Paid | Date |
|---|---|
| £750,000 | 29 May 2020 |
| £73,000 | 16 Oct 1995 |
| Terraced |
| Freehold |
| Floor Area: 136 sq meters or 1,463 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 May 2020 the House Price Index for GREATER LONDON was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.224%.Applying this 23.224% change to the original purchase price of £750,000 results in an estimated price of approximately £924,176.
| 29 May 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 149.7 | 23.224 % | £750,000 | £174,176 | £924,176 |
The Postcode Pricing Model uses changes in average sales price within the E17 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 | -2.521 % | £-18,909 | £731,090 |
| 3 Month Average | 15.408 % | £115,556 | £865,556 |
| 6 Month Average | 10.299 % | £77,244 | £827,244 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jun 2024 | £525,000 | £525,000 | 34 FERNDALE AVENUE |
| 4 Jun 2024 | £484,000 | £484,000 | FIRST FLOOR FLAT 40 FERNDALE AVENUE |
| 11 Dec 2023 | £789,252 | £765,000 | 84 CHESTNUT AVENUE SOUTH |
| 31 Jan 2023 | £466,246 | £465,000 | FLAT 1 30 FERNDALE AVENUE |
| 13 Jan 2023 | £552,476 | £551,000 | FLAT 4 30 FERNDALE AVENUE |
This house has a floor area of 136 sq meters or 1,463 sq feet when measured on 14 Feb 2020. Using an estimated price of £924,176 means this house is valued at £6,795 per sq meter (£631 per sq foot).
The average size of a house on CHESTNUT AVENUE SOUTH is 102 sq meters (1,107 sq feet).
This house is the largest in the street with a floor area of 136 sq meters (1,463 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Oliver Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Ferndale Avenue |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Raglan Road |