£419,991
This estimated value is based upon the latest sale price for the house of £340,000 on 27 Feb 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 |
|---|---|
| £340,000 | 27 Feb 2019 |
| £380,000 | 18 Jun 2015 |
| Terraced |
| Freehold |
| Floor Area: 101 sq meters or 1,087 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 2019 the House Price Index for GREATER LONDON was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.527%.Applying this 23.527% change to the original purchase price of £340,000 results in an estimated price of approximately £419,991.
| 27 Feb 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.527 % | £340,000 | £79,991 | £419,991 |
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 | 8.175 % | £27,794 | £367,794 |
| 3 Month Average | -13.922 % | £-47,335 | £292,664 |
| 6 Month Average | 15.424 % | £52,443 | £392,443 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jul 2023 | £329,434 | £325,000 | 59 FRANCES ROAD |
| 1 Jun 2023 | £492,971 | £487,000 | 38 FRANCES ROAD |
| 13 Mar 2023 | £338,186 | £335,000 | 53 FRANCES ROAD |
| 13 Mar 2023 | £666,277 | £660,000 | 40 EDWARD AVENUE |
| 21 Jan 2022 | £315,722 | £300,000 | 7 FIELD CLOSE |
This house has a floor area of 101 sq meters or 1,087 sq feet when measured on 7 Jan 2019. Using an estimated price of £419,991 means this house is valued at £4,158 per sq meter (£386 per sq foot).
The average size of a house on FRANCES ROAD is 80 sq meters (866 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Rolls Park Road |