£408,108
This estimated value is based upon the latest sale price for the house of £165,000 on 15 Jan 2003. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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227 Chingford Mount Road, Chingford, London, E4 8LP
Phone: 02081667326
| Price Paid | Date |
|---|---|
| £165,000 | 15 Jan 2003 |
| Terraced |
| Freehold |
| Floor Area: 81 sq meters or 881 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 January 2003 the House Price Index for GREATER LONDON was 60.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 147.338%.Applying this 147.338% change to the original purchase price of £165,000 results in an estimated price of approximately £408,108.
| 15 Jan 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 60.1 | 148.6 | 147.338 % | £165,000 | £243,108 | £408,108 |
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 | 178.259 % | £294,127 | £459,127 |
| 3 Month Average | 81.587 % | £134,617 | £299,617 |
| 6 Month Average | 158.450 % | £261,442 | £426,442 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jul 2023 | £329,434 | £325,000 | 59 FRANCES ROAD |
| 1 Jun 2023 | £492,971 | £487,000 | 38 FRANCES ROAD |
| 13 Mar 2023 | £666,277 | £660,000 | 40 EDWARD AVENUE |
| 13 Mar 2023 | £338,186 | £335,000 | 53 FRANCES ROAD |
| 16 Feb 2023 | £244,835 | £245,000 | 44 LOCKWOOD PLACE |
This house has a floor area of 81 sq meters or 881 sq feet when measured on 27 Nov 2008. Using an estimated price of £408,108 means this house is valued at £4,983 per sq meter (£462 per sq foot).
The average size of a house on FIELD CLOSE is 86 sq meters (928 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near Field Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Frances Road |
| Mar 2024 | Drugs | Under investigation | On or near Frances Road |
| Apr 2024 | Anti-social behaviour | On or near Lockwood Place | |
| Mar 2024 | Theft from the person | Under investigation | On or near Lockwood Place |