£410,230
This estimated value is based upon the latest sale price for the house of £285,000 on 24 Jul 2015. 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 |
---|---|
£285,000 | 24 Jul 2015 |
£270,000 | 23 Apr 2015 |
Terraced |
Freehold |
Floor Area: 79 sq meters or 850 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 July 2015 the House Price Index for GREATER LONDON was 103.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 43.941%.Applying this 43.941% change to the original purchase price of £285,000 results in an estimated price of approximately £410,230.
24 Jul 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
103.2 | 148.6 | 43.941 % | £285,000 | £125,230 | £410,230 |
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 | 31.089 % | £88,604 | £373,604 |
3 Month Average | -4.964 % | £-14,146 | £270,853 |
6 Month Average | 38.750 % | £110,438 | £395,438 |
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 | £338,186 | £335,000 | 53 FRANCES ROAD |
13 Mar 2023 | £666,277 | £660,000 | 40 EDWARD AVENUE |
16 Feb 2023 | £244,835 | £245,000 | 44 LOCKWOOD PLACE |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 9 Jan 2015. Using an estimated price of £410,231 means this house is valued at £5,192 per sq meter (£482 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 |