£617,343
This estimated value is based upon the latest sale price for the house of £422,000 on 26 Jun 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 |
|---|---|
| £422,000 | 26 Jun 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 98 sq meters or 1,054 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 June 2015 the House Price Index for GREATER LONDON was 102.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 46.290%.Applying this 46.290% change to the original purchase price of £422,000 results in an estimated price of approximately £617,343.
| 26 Jun 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 102.3 | 149.7 | 46.290 % | £422,000 | £195,343 | £617,343 |
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 | 31.377 % | £132,411 | £554,411 |
| 3 Month Average | 37.004 % | £156,156 | £578,156 |
| 6 Month Average | 33.038 % | £139,421 | £561,421 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Apr 2024 | £635,519 | £630,000 | 87 LARKSWOOD ROAD |
| 11 Dec 2023 | £835,679 | £810,000 | 16 UNDERWOOD ROAD |
| 6 Sep 2023 | £639,088 | £625,000 | 65 LARKSWOOD ROAD |
| 27 Jan 2023 | £583,559 | £582,000 | 19 BOURNE GARDENS |
| 22 Nov 2022 | £831,114 | £835,000 | 37 LYNTON ROAD |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 11 Jul 2014. Using an estimated price of £617,343 means this house is valued at £6,299 per sq meter (£585 per sq foot).
The average size of a house on BOURNE GARDENS is 112 sq meters (1,211 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Bourne Gardens |
| Apr 2024 | Vehicle crime | Under investigation | On or near Bourne Gardens |
| Apr 2024 | Drugs | Under investigation | On or near Ainslie Wood Gardens |
| Apr 2024 | Drugs | Under investigation | On or near Ainslie Wood Gardens |
| Apr 2024 | Anti-social behaviour | On or near Normanshire Drive |