£222,351
This estimated value is based upon the latest sale price for the house of £130,000 on 26 Oct 2012. 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 |
|---|---|
| £130,000 | 26 Oct 2012 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 56 sq meters or 604 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 October 2012 the House Price Index for GREATER LONDON was 87.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.040%.Applying this 71.040% change to the original purchase price of £130,000 results in an estimated price of approximately £222,351.
| 26 Oct 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.5 | 149.7 | 71.040 % | £130,000 | £92,351 | £222,351 |
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 | 59.629 % | £77,517 | £207,517 |
| 3 Month Average | 88.998 % | £115,697 | £245,697 |
| 6 Month Average | 70.007 % | £91,008 | £221,008 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Jul 2024 | £130,000 | £130,000 | FLAT 8 116 BURNHAM ROAD |
| 23 May 2024 | £500,000 | £500,000 | 73 BURNHAM ROAD |
| 10 Feb 2023 | £256,715 | £255,000 | FLAT 5 118 BURNHAM ROAD |
| 9 Jun 2022 | £413,846 | £405,000 | 327 HALL LANE |
| 27 Apr 2022 | £368,285 | £355,000 | 301B HALL LANE |
This house has a floor area of 56 sq meters or 604 sq feet when measured on 7 Mar 2012. Using an estimated price of £222,352 means this house is valued at £3,957 per sq meter (£367 per sq foot).
The average size of a house on BURNHAM ROAD is 77 sq meters (833 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Hall Lane |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Hall Lane |