£650,185
This estimated value is based upon the latest sale price for the house of £530,000 on 16 Dec 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 |
---|---|
£530,000 | 16 Dec 2019 |
£315,000 | 7 Jun 2007 |
Semi-Detached |
Freehold |
Floor Area: 118 sq meters or 1,270 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 December 2019 the House Price Index for GREATER LONDON was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.676%.Applying this 22.676% change to the original purchase price of £530,000 results in an estimated price of approximately £650,185.
16 Dec 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.1 | 148.6 | 22.676 % | £530,000 | £120,185 | £650,185 |
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 | 37.318 % | £197,784 | £727,784 |
3 Month Average | -23.548 % | £-124,805 | £405,194 |
6 Month Average | 8.074 % | £42,791 | £572,791 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Nov 2023 | £495,333 | £488,000 | 31 SUFFIELD ROAD |
7 Mar 2023 | £363,424 | £360,000 | 20 SUFFIELD ROAD |
28 Feb 2023 | £634,573 | £635,000 | 42 HAROLD ROAD |
28 Feb 2023 | £574,613 | £575,000 | 151 NEW ROAD |
27 Jan 2023 | £482,726 | £485,000 | 33 SUFFIELD ROAD |
This house has a floor area of 118 sq meters or 1,270 sq feet when measured on 17 Sep 2015. Using an estimated price of £650,185 means this house is valued at £5,510 per sq meter (£511 per sq foot).
The average size of a house on NEW ROAD is 106 sq meters (1,146 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near New Road |