£798,075
This estimated value is based upon the latest sale price for the house of £170,000 on 5 Jun 1998. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Nelson Road
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242 Chingford Mount Road, Chingford, London, E4 8JL
Phone: 02080332384
Price Paid | Date |
---|---|
£170,000 | 5 Jun 1998 |
Terraced |
Freehold |
Floor Area: 138 sq meters or 1,485 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 1998 the House Price Index for GREATER LONDON was 31.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 369.456%.Applying this 369.456% change to the original purchase price of £170,000 results in an estimated price of approximately £798,075.
5 Jun 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
31.7 | 148.6 | 369.456 % | £170,000 | £628,075 | £798,075 |
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 | 400.846 % | £681,437 | £851,437 |
3 Month Average | 239.448 % | £407,060 | £577,060 |
6 Month Average | 394.241 % | £670,208 | £840,208 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Jul 2023 | £552,435 | £545,000 | 65 MARLBOROUGH ROAD |
21 Jul 2023 | £476,412 | £470,000 | 54 MARLBOROUGH ROAD |
22 Jun 2023 | £455,518 | £450,000 | 40 MARLBOROUGH ROAD |
9 Feb 2023 | £839,435 | £840,000 | 29 HIGHAM STATION AVENUE |
1 Apr 2022 | £329,536 | £320,000 | 50 HIGHAM STATION AVENUE |
This house has a floor area of 138 sq meters or 1,485 sq feet when measured on 17 Jun 2014. Using an estimated price of £798,076 means this house is valued at £5,783 per sq meter (£537 per sq foot).
The average size of a house on HIGHAM STATION AVENUE is 76 sq meters (819 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Burglary | Under investigation | On or near Nelson Road |
Jan 2024 | Vehicle crime | Under investigation | On or near Nelson Road |