£365,033
This estimated value is based upon the latest sale price for the house of £215,000 on 9 Oct 2012. 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 |
|---|---|
| £215,000 | 9 Oct 2012 |
| £66,995 | 30 Jun 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 67 sq meters or 721 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 October 2012 the House Price Index for GREATER LONDON was 87.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.783%.Applying this 69.783% change to the original purchase price of £215,000 results in an estimated price of approximately £365,033.
| 9 Oct 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.5 | 148.6 | 69.783 % | £215,000 | £150,033 | £365,033 |
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 | 86.341 % | £185,633 | £400,633 |
| 3 Month Average | 34.084 % | £73,280 | £288,280 |
| 6 Month Average | 78.804 % | £169,428 | £384,428 |
| 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 67 sq meters or 721 sq feet when measured on 14 Jul 2012. Using an estimated price of £365,033 means this house is valued at £5,448 per sq meter (£506 per sq foot).
The average size of a house on FIELD CLOSE is 86 sq meters (928 sq feet).