£503,739
This estimated value is based upon the latest sale price for the house of £297,000 on 1 Jun 2012. 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 |
---|---|
£297,000 | 1 Jun 2012 |
Detached |
Freehold |
Floor Area: 88 sq meters or 955 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 June 2012 the House Price Index for GREATER LONDON was 87.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.609%.Applying this 69.609% change to the original purchase price of £297,000 results in an estimated price of approximately £503,739.
1 Jun 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.6 | 148.6 | 69.609 % | £297,000 | £206,739 | £503,739 |
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 | 115.105 % | £341,863 | £638,863 |
3 Month Average | 111.102 % | £329,972 | £626,972 |
6 Month Average | 115.851 % | £344,077 | £641,077 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Dec 2023 | £778,623 | £765,000 | 84 CHESTNUT AVENUE SOUTH |
31 Oct 2022 | £430,366 | £435,000 | 187A SHERNHALL STREET |
21 Oct 2022 | £727,170 | £735,000 | 115 CHESTNUT AVENUE SOUTH |
23 May 2022 | £315,953 | £310,000 | 211 SHERNHALL STREET |
25 Feb 2022 | £665,921 | £635,000 | 71 CHESTNUT AVENUE SOUTH |
This house has a floor area of 88 sq meters or 955 sq feet when measured on 9 Jan 2012. Using an estimated price of £503,739 means this house is valued at £5,672 per sq meter (£527 per sq foot).
The average size of a house on SHERNHALL STREET is 74 sq meters (798 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Anti-social behaviour | On or near Chestnut Avenue South | |
Jan 2024 | Anti-social behaviour | On or near Chestnut Avenue South | |
Jan 2024 | Anti-social behaviour | On or near Chestnut Avenue South | |
Jan 2024 | Anti-social behaviour | On or near Chestnut Avenue South | |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Raglan Road |