£471,975
This estimated value is based upon the latest sale price for the house of £317,000 on 13 Feb 2015. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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1b Hall Lane, Chingford, London, E4 8HH
Phone: 02081158180
Price Paid | Date |
---|---|
£317,000 | 13 Feb 2015 |
Terraced |
Freehold |
Floor Area: 75 sq meters or 812 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 2015 the House Price Index for GREATER LONDON was 100.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 48.888%.Applying this 48.888% change to the original purchase price of £317,000 results in an estimated price of approximately £471,975.
13 Feb 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
100.5 | 149.7 | 48.888 % | £317,000 | £154,975 | £471,975 |
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 | 30.586 % | £96,957 | £413,957 |
3 Month Average | 37.430 % | £118,652 | £435,652 |
6 Month Average | 34.423 % | £109,119 | £426,119 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Apr 2024 | £456,968 | £453,000 | 258 CHINGFORD MOUNT ROAD |
2 Dec 2023 | £433,315 | £420,000 | 219 CHINGFORD MOUNT ROAD |
17 Nov 2023 | £779,794 | £760,000 | 244 CHINGFORD MOUNT ROAD |
25 Oct 2023 | £562,782 | £550,000 | 1 HALL LANE |
23 Oct 2023 | £488,085 | £477,000 | 33 ALBERT AVENUE |
This house has a floor area of 75 sq meters or 812 sq feet when measured on 7 Oct 2011. Using an estimated price of £471,976 means this house is valued at £6,251 per sq meter (£580 per sq foot).
The average size of a house on HALL LANE is 81 sq meters (874 sq feet).