£589,903
This estimated value is based upon the latest sale price for the house of £462,000 on 1 Sep 2017. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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227 Chingford Mount Road, Chingford, London, E4 8LP
Phone: 02081667326
| Price Paid | Date |
|---|---|
| £462,000 | 1 Sep 2017 |
| Terraced |
| Freehold |
| Floor Area: 102 sq meters or 1,097 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 September 2017 the House Price Index for GREATER LONDON was 117.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.685%.Applying this 27.685% change to the original purchase price of £462,000 results in an estimated price of approximately £589,903.
| 1 Sep 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.2 | 149.7 | 27.685 % | £462,000 | £127,903 | £589,903 |
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 | 2.142 % | £9,895 | £471,895 |
| 3 Month Average | 15.059 % | £69,572 | £531,572 |
| 6 Month Average | 16.915 % | £78,145 | £540,145 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 May 2024 | £500,000 | £500,000 | 34 ROWDEN PARK GARDENS |
| 5 Mar 2024 | £533,192 | £525,000 | 18 ROWDEN WAY |
| 15 Dec 2023 | £505,534 | £490,000 | 27 ROWDEN ROAD |
| 17 Nov 2023 | £471,981 | £460,000 | 44 CHESHAM APARTMENTS, 60 PARADE GARDENS |
| 24 Oct 2023 | £526,969 | £515,000 | 17 RUSHCROFT ROAD |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 17 Mar 2017. Using an estimated price of £589,904 means this house is valued at £5,783 per sq meter (£537 per sq foot).
There is one other house on the street which we know the size of, this is 10 ASCHAM DRIVE it is 98.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other crime | Under investigation | On or near Ascham Drive |
| Apr 2024 | Other theft | Under investigation | On or near Loxham Road |
| Apr 2024 | Public order | Under investigation | On or near Loxham Road |