£418,314
This estimated value is based upon the latest sale price for the house of £74,000 on 24 May 1996. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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40 Orford Road, London, E17 9NJ
Phone: 02077680484
Price Paid | Date |
---|---|
£74,000 | 24 May 1996 |
£49,500 | 18 Feb 1996 |
£42,000 | 16 Aug 1995 |
Terraced |
Freehold |
Floor Area: 100 sq meters or 1,076 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 May 1996 the House Price Index for GREATER LONDON was 26.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 465.290%.Applying this 465.290% change to the original purchase price of £74,000 results in an estimated price of approximately £418,314.
24 May 1996 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
26.5 | 149.7 | 465.290 % | £74,000 | £344,314 | £418,314 |
The Postcode Pricing Model uses changes in average sales price within the E17 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 | 847.526 % | £627,169 | £701,169 |
3 Month Average | 793.981 % | £587,545 | £661,545 |
6 Month Average | 736.278 % | £544,846 | £618,846 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Dec 2023 | £789,252 | £765,000 | 84 CHESTNUT AVENUE SOUTH |
13 Jan 2023 | £552,476 | £551,000 | FLAT 4 30 FERNDALE AVENUE |
31 Oct 2022 | £433,552 | £435,000 | 187A SHERNHALL STREET |
21 Oct 2022 | £732,553 | £735,000 | 115 CHESTNUT AVENUE SOUTH |
31 May 2022 | £862,469 | £840,000 | 21 FERNDALE AVENUE |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 7 Oct 2013. Using an estimated price of £418,314 means this house is valued at £4,183 per sq meter (£388 per sq foot).
The average size of a house on CHESTNUT AVENUE SOUTH is 102 sq meters (1,107 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Chestnut Avenue South |
Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Chestnut Avenue South |
Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Chestnut Avenue South |
Aug 2024 | Violence and sexual offences | Under investigation | On or near Oliver Road |
Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Ferndale Avenue |