£542,357
This estimated value is based upon the latest sale price for the house of £437,500 on 23 Aug 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 |
|---|---|
| £437,500 | 23 Aug 2019 |
| £245,000 | 27 Feb 2006 |
| Terraced |
| Freehold |
| Floor Area: 95 sq meters or 1,022 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 August 2019 the House Price Index for GREATER LONDON was 120.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.967%.Applying this 23.967% change to the original purchase price of £437,500 results in an estimated price of approximately £542,357.
| 23 Aug 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 149.7 | 23.967 % | £437,500 | £104,857 | £542,357 |
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 | -6.535 % | £-28,590 | £408,909 |
| 3 Month Average | 8.678 % | £37,967 | £475,467 |
| 6 Month Average | 3.525 % | £15,421 | £452,921 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Nov 2023 | £528,413 | £515,000 | 8 NEW ROAD |
| 9 Nov 2023 | £702,841 | £685,000 | 44 NEW ROAD |
| 20 Mar 2023 | £533,916 | £525,000 | 81 NORMANSHIRE DRIVE |
| 10 Mar 2023 | £325,435 | £320,000 | 6 NORMANSHIRE DRIVE |
| 8 Feb 2023 | £634,237 | £630,000 | 54 NEW ROAD |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 3 Jun 2015. Using an estimated price of £542,357 means this house is valued at £5,709 per sq meter (£530 per sq foot).
The average size of a house on NORMANSHIRE DRIVE is 112 sq meters (1,210 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Normanshire Drive |
| 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 | |
| Apr 2024 | Anti-social behaviour | On or near Normanshire Drive |