£673,696
This estimated value is based upon the latest sale price for the house of £510,000 on 22 Dec 2016. 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 |
---|---|
£510,000 | 22 Dec 2016 |
£336,000 | 23 Jan 2015 |
Terraced |
Freehold |
Floor Area: 82 sq meters or 882 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 December 2016 the House Price Index for GREATER LONDON was 113.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 32.097%.Applying this 32.097% change to the original purchase price of £510,000 results in an estimated price of approximately £673,696.
22 Dec 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
113.3 | 149.7 | 32.097 % | £510,000 | £163,696 | £673,696 |
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 | -5.456 % | £-27,824 | £482,175 |
3 Month Average | 9.814 % | £50,051 | £560,051 |
6 Month Average | 7.795 % | £39,753 | £549,753 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Sep 2023 | £541,947 | £530,000 | 35 CHERRYDOWN AVENUE |
1 Sep 2023 | £582,848 | £570,000 | 108 CHERRYDOWN AVENUE |
11 Jan 2023 | £509,361 | £508,000 | 56 MARMION CLOSE |
12 Sep 2022 | £569,619 | £570,000 | 88 CHERRYDOWN AVENUE |
7 Feb 2022 | £475,406 | £450,000 | 54 MARMION AVENUE |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 5 Nov 2014. Using an estimated price of £673,696 means this house is valued at £8,215 per sq meter (£763 per sq foot).
The average size of a house on CHERRYDOWN AVENUE is 89 sq meters (966 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Vehicle crime | Under investigation | On or near Cherrydown Avenue |