£512,502
This estimated value is based upon the latest sale price for the house of £400,000 on 28 Jun 2017. 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 |
---|---|
£400,000 | 28 Jun 2017 |
Terraced |
Freehold |
Floor Area: 132 sq meters or 1,420 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 June 2017 the House Price Index for GREATER LONDON was 116.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.126%.Applying this 28.126% change to the original purchase price of £400,000 results in an estimated price of approximately £512,502.
28 Jun 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
116.0 | 148.6 | 28.126 % | £400,000 | £112,502 | £512,502 |
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 | 15.655 % | £62,620 | £462,620 |
3 Month Average | -7.195 % | £-28,781 | £371,218 |
6 Month Average | 25.124 % | £100,497 | £500,497 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Sep 2023 | £536,864 | £530,000 | 35 CHERRYDOWN AVENUE |
1 Sep 2023 | £577,382 | £570,000 | 108 CHERRYDOWN AVENUE |
11 Jan 2023 | £505,618 | £508,000 | 56 MARMION CLOSE |
8 Nov 2022 | £622,460 | £630,000 | 63 MARMION CLOSE |
12 Sep 2022 | £565,434 | £570,000 | 88 CHERRYDOWN AVENUE |
This house has a floor area of 132 sq meters or 1,420 sq feet when measured on 26 Jan 2017. Using an estimated price of £512,502 means this house is valued at £3,882 per sq meter (£360 per sq foot).
The average size of a house on MARMION CLOSE is 102 sq meters (1,106 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Vehicle crime | Under investigation | On or near Cherrydown Avenue |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Cherrydown Avenue |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Cherrydown Avenue |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Cherrydown Avenue |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Marmion Close |