£561,813
This estimated value is based upon the latest sale price for the house of £365,000 on 29 Jul 2014. 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 |
|---|---|
| £365,000 | 29 Jul 2014 |
| £245,000 | 28 Jul 2005 |
| £216,000 | 6 Aug 2004 |
| Terraced |
| Freehold |
| Floor Area: 85 sq meters or 914 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 July 2014 the House Price Index for GREATER LONDON was 97.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 53.921%.Applying this 53.921% change to the original purchase price of £365,000 results in an estimated price of approximately £561,813.
| 29 Jul 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 97.3 | 149.7 | 53.921 % | £365,000 | £196,813 | £561,813 |
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 | 16.158 % | £58,978 | £423,978 |
| 3 Month Average | 47.051 % | £171,736 | £536,736 |
| 6 Month Average | 48.504 % | £177,039 | £542,039 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 May 2024 | £376,600 | £376,600 | 16 SUFFIELD ROAD |
| 30 Nov 2023 | £500,710 | £488,000 | 31 SUFFIELD ROAD |
| 30 Oct 2023 | £507,527 | £496,000 | 10 SUFFIELD ROAD |
| 7 Mar 2023 | £366,114 | £360,000 | 20 SUFFIELD ROAD |
| 28 Feb 2023 | £578,867 | £575,000 | 151 NEW ROAD |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 16 Dec 2017. Using an estimated price of £561,813 means this house is valued at £6,609 per sq meter (£614 per sq foot).
The average size of a house on GROVE ROAD is 90 sq meters (974 sq feet).