£562,286
This estimated value is based upon the latest sale price for the house of £485,000 on 4 Nov 2020. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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1b Hall Lane, Chingford, London, E4 8HH
Phone: 02081158180
| Price Paid | Date |
|---|---|
| £485,000 | 4 Nov 2020 |
| £445,000 | 2 Dec 2019 |
| Terraced |
| Freehold |
| Floor Area: 92 sq meters or 990 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 November 2020 the House Price Index for GREATER LONDON was 128.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 15.935%.Applying this 15.935% change to the original purchase price of £485,000 results in an estimated price of approximately £562,286.
| 4 Nov 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 148.6 | 15.935 % | £485,000 | £77,286 | £562,286 |
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 | 3.296 % | £15,987 | £500,987 |
| 3 Month Average | -25.726 % | £-124,771 | £360,228 |
| 6 Month Average | 10.591 % | £51,365 | £536,365 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £280,588 | £277,000 | 216A WESTWARD ROAD |
| 12 Jan 2023 | £646,952 | £650,000 | 178 WESTWARD ROAD |
| 6 Apr 2022 | £216,258 | £210,000 | FLAT 4 AMBER COURT, 186 WESTWARD ROAD |
| 22 Feb 2022 | £597,756 | £570,000 | 168A WESTWARD ROAD |
| 31 Jan 2022 | £284,150 | £270,000 | FLAT 2 ALBANY COURT, 248 WESTWARD ROAD |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 28 Feb 2020. Using an estimated price of £562,287 means this house is valued at £6,111 per sq meter (£567 per sq foot).
The average size of a house on WESTWARD ROAD is 80 sq meters (863 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Under investigation | On or near Petrol Station |
| Apr 2024 | Other theft | Under investigation | On or near Petrol Station |
| Apr 2024 | Other theft | Under investigation | On or near Petrol Station |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Petrol Station |
| Mar 2024 | Other theft | Under investigation | On or near Petrol Station |