£587,416
This estimated value is based upon the latest sale price for the house of £475,000 on 2 Apr 2020. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
Get our free house price tracker.
242 Chingford Mount Road, Chingford, London, E4 8JL
Phone: 02080332384
Price Paid | Date |
---|---|
£475,000 | 2 Apr 2020 |
£250,000 | 6 Jan 2003 |
£108,750 | 30 Jul 1997 |
Terraced |
Freehold |
Floor Area: 110 sq meters or 1,184 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 2020 the House Price Index for GREATER LONDON was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.667%.Applying this 23.667% change to the original purchase price of £475,000 results in an estimated price of approximately £587,416.
2 Apr 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.1 | 149.7 | 23.667 % | £475,000 | £112,416 | £587,416 |
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 | 128.822 % | £611,904 | £1,086,904 |
3 Month Average | 14.034 % | £66,662 | £541,662 |
6 Month Average | 7.212 % | £34,257 | £509,257 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Mar 2024 | £583,972 | £575,000 | 18 MARLBOROUGH ROAD |
22 Jun 2023 | £459,202 | £450,000 | 40 MARLBOROUGH ROAD |
10 Mar 2023 | £564,426 | £555,000 | 21 NELSON ROAD |
15 Feb 2023 | £629,203 | £625,000 | 39 NELSON ROAD |
30 Sep 2022 | £357,761 | £358,000 | 36 MARLBOROUGH ROAD |
This house has a floor area of 110 sq meters or 1,184 sq feet when measured on 26 Sep 2013. Using an estimated price of £587,416 means this house is valued at £5,340 per sq meter (£496 per sq foot).
The average size of a house on NELSON ROAD is 109 sq meters (1,175 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Nelson Road |
Apr 2024 | Burglary | Under investigation | On or near Marlborough Road |
Apr 2024 | Vehicle crime | Under investigation | On or near Minerva Road |