£501,530
This estimated value is based upon the latest sale price for the house of £335,000 on 21 Oct 2014. 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 |
|---|---|
| £335,000 | 21 Oct 2014 |
| Terraced |
| Freehold |
| Floor Area: 86 sq meters or 925 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 October 2014 the House Price Index for GREATER LONDON was 99.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.711%.Applying this 49.711% change to the original purchase price of £335,000 results in an estimated price of approximately £501,530.
| 21 Oct 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.3 | 148.6 | 49.711 % | £335,000 | £166,530 | £501,530 |
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 | 64.720 % | £216,811 | £551,811 |
| 3 Month Average | 5.052 % | £16,925 | £351,925 |
| 6 Month Average | 51.066 % | £171,070 | £506,070 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Mar 2023 | £363,424 | £360,000 | 20 SUFFIELD ROAD |
| 28 Feb 2023 | £634,573 | £635,000 | 42 HAROLD ROAD |
| 28 Feb 2023 | £574,613 | £575,000 | 151 NEW ROAD |
| 27 Jan 2023 | £482,726 | £485,000 | 33 SUFFIELD ROAD |
| 10 Jan 2023 | £487,703 | £490,000 | 18 HAROLD ROAD |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 3 Apr 2012. Using an estimated price of £501,531 means this house is valued at £5,831 per sq meter (£541 per sq foot).
The average size of a house on NEW ROAD is 106 sq meters (1,146 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near New Road |