£519,139
This estimated value is based upon the latest sale price for the house of £420,000 on 12 Sep 2019. 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 |
---|---|
£420,000 | 12 Sep 2019 |
Terraced |
Freehold |
Floor Area: 94 sq meters or 1,011 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 September 2019 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 23.605%.Applying this 23.605% change to the original purchase price of £420,000 results in an estimated price of approximately £519,139.
12 Sep 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.1 | 149.7 | 23.605 % | £420,000 | £99,139 | £519,139 |
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 | -15.699 % | £-65,935 | £354,064 |
3 Month Average | 7.148 % | £30,022 | £450,022 |
6 Month Average | 3.511 % | £14,744 | £434,744 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Mar 2023 | £533,916 | £525,000 | 81 NORMANSHIRE DRIVE |
10 Mar 2023 | £325,435 | £320,000 | 6 NORMANSHIRE DRIVE |
8 Feb 2023 | £292,454 | £290,500 | 33 LARKSWOOD ROAD |
17 Jan 2023 | £521,393 | £520,000 | 62 LARKSWOOD ROAD |
29 Jun 2022 | £696,897 | £682,000 | 84 NORMANSHIRE DRIVE |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 6 Mar 2019. Using an estimated price of £519,140 means this house is valued at £5,522 per sq meter (£513 per sq foot).
The average size of a house on LARKSWOOD ROAD is 109 sq meters (1,179 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Vehicle crime | Under investigation | On or near Larkswood Road |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Larkswood Road |
Apr 2024 | Other theft | Under investigation | On or near Normanshire Drive |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Normanshire Drive |
Apr 2024 | Anti-social behaviour | On or near Normanshire Drive |