£494,142
This estimated value is based upon the latest sale price for the house of £400,000 on 17 Jan 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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86 Old Church Road, Chingford, London, E4 8BX
Phone: 02036410067
Price Paid | Date |
---|---|
£400,000 | 17 Jan 2019 |
£450,000 | 14 Sep 2018 |
Terraced |
Freehold |
Floor Area: 107 sq meters or 1,151 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 January 2019 the House Price Index for GREATER LONDON was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.536%.Applying this 23.536% change to the original purchase price of £400,000 results in an estimated price of approximately £494,142.
17 Jan 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 148.6 | 23.536 % | £400,000 | £94,142 | £494,142 |
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 | 29.032 % | £116,127 | £516,127 |
3 Month Average | -16.978 % | £-67,913 | £332,086 |
6 Month Average | 9.753 % | £39,012 | £439,012 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Aug 2023 | £514,501 | £510,000 | 22 MOUNT AVENUE |
25 Apr 2022 | £433,545 | £421,000 | 14 SALISBURY ROAD |
1 Apr 2022 | £411,920 | £400,000 | 63 OLD CHURCH ROAD |
21 Mar 2022 | £455,955 | £440,000 | 28 SALISBURY ROAD |
5 Aug 2021 | £474,137 | £425,000 | 24 MOUNT AVENUE |
This house has a floor area of 107 sq meters or 1,151 sq feet when measured on 13 Jul 2018. Using an estimated price of £494,142 means this house is valued at £4,618 per sq meter (£429 per sq foot).
The average size of a house on ALPHA ROAD is 88 sq meters (955 sq feet).