£552,934
This estimated value is based upon the latest sale price for the house of £450,000 on 13 Jan 2020. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Nightclub
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242 Chingford Mount Road, Chingford, London, E4 8JL
Phone: 02080332384
Price Paid | Date |
---|---|
£450,000 | 13 Jan 2020 |
Semi-Detached |
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 January 2020 the House Price Index for GREATER LONDON was 121.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 22.874%.Applying this 22.874% change to the original purchase price of £450,000 results in an estimated price of approximately £552,934.
13 Jan 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.8 | 149.7 | 22.874 % | £450,000 | £102,934 | £552,934 |
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 | 3.755 % | £16,896 | £466,896 |
3 Month Average | 13.028 % | £58,625 | £508,625 |
6 Month Average | 5.308 % | £23,885 | £473,885 |
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 |
10 Mar 2023 | £325,435 | £320,000 | 6 NORMANSHIRE DRIVE |
7 Feb 2023 | £621,149 | £617,000 | 41 NEW ROAD |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 30 Sep 2019. Using an estimated price of £552,934 means this house is valued at £6,743 per sq meter (£626 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 | Anti-social behaviour | On or near Nightclub | |
Apr 2024 | Anti-social behaviour | On or near Nightclub | |
Apr 2024 | Anti-social behaviour | On or near Nightclub | |
Apr 2024 | Anti-social behaviour | On or near Nightclub | |
Apr 2024 | Burglary | Under investigation | On or near Nightclub |