£587,721
This estimated value is based upon the latest sale price for the house of £400,000 on 17 Apr 2015. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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242 Chingford Mount Road, Chingford, London, E4 8JL
Phone: 02080332384
| Price Paid | Date |
|---|---|
| £400,000 | 17 Apr 2015 |
| £327,000 | 19 Oct 2009 |
| Semi-Detached |
| Freehold |
| Floor Area: 121 sq meters or 1,302 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 April 2015 the House Price Index for GREATER LONDON was 101.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 46.930%.Applying this 46.930% change to the original purchase price of £400,000 results in an estimated price of approximately £587,721.
| 17 Apr 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.1 | 148.6 | 46.930 % | £400,000 | £187,721 | £587,721 |
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 | 46.248 % | £184,992 | £584,992 |
| 3 Month Average | 4.028 % | £16,113 | £416,113 |
| 6 Month Average | 39.663 % | £158,651 | £558,651 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £824,425 | £810,000 | 16 UNDERWOOD ROAD |
| 27 Jan 2023 | £579,271 | £582,000 | 19 BOURNE GARDENS |
| 21 Oct 2022 | £578,768 | £585,000 | 112 NORMANSHIRE DRIVE |
| 5 Aug 2022 | £523,591 | £525,000 | 67 LARKSWOOD ROAD |
| 9 May 2022 | £978,436 | £960,000 | 92A LARKSWOOD ROAD |
This house has a floor area of 121 sq meters or 1,302 sq feet when measured on 7 Aug 2014. Using an estimated price of £587,722 means this house is valued at £4,857 per sq meter (£451 per sq foot).
The average size of a house on BOURNE GARDENS is 112 sq meters (1,211 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Bourne Gardens |
| Apr 2024 | Vehicle crime | Under investigation | On or near Bourne Gardens |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Bourne Gardens |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Bourne Gardens |
| Apr 2024 | Anti-social behaviour | On or near Normanshire Drive |