£903,270
This estimated value is based upon the latest sale price for the house of £855,000 on 10 Feb 2022. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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40 Orford Road, London, E17 9NJ
Phone: 02077680484
| Price Paid | Date |
|---|---|
| £855,000 | 10 Feb 2022 |
| £750,000 | 12 May 2017 |
| £275,000 | 17 Apr 2009 |
| £185,000 | 26 Apr 2001 |
| £74,000 | 1 May 1995 |
| £47,000 | 3 Jan 1995 |
| Terraced |
| Freehold |
| Floor Area: 122 sq meters or 1,313 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 February 2022 the House Price Index for GREATER LONDON was 141.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 5.646%.Applying this 5.646% change to the original purchase price of £855,000 results in an estimated price of approximately £903,270.
| 10 Feb 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 149.7 | 5.646 % | £855,000 | £48,270 | £903,270 |
The Postcode Pricing Model uses changes in average sales price within the E17 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 | -4.099 % | £-35,047 | £819,952 |
| 3 Month Average | -3.862 % | £-33,018 | £821,981 |
| 6 Month Average | 9.060 % | £77,463 | £932,463 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jun 2024 | £525,000 | £525,000 | 34 FERNDALE AVENUE |
| 4 Jun 2024 | £484,000 | £484,000 | FIRST FLOOR FLAT 40 FERNDALE AVENUE |
| 11 Dec 2023 | £789,252 | £765,000 | 84 CHESTNUT AVENUE SOUTH |
| 31 Jan 2023 | £466,246 | £465,000 | FLAT 1 30 FERNDALE AVENUE |
| 13 Jan 2023 | £552,476 | £551,000 | FLAT 4 30 FERNDALE AVENUE |
This house has a floor area of 122 sq meters or 1,313 sq feet when measured on 25 Oct 2021. Using an estimated price of £903,271 means this house is valued at £7,403 per sq meter (£687 per sq foot).
The average size of a house on CHESTNUT AVENUE SOUTH is 102 sq meters (1,107 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Oliver Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Ferndale Avenue |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Raglan Road |