£525,296
This estimated value is based upon the latest sale price for the house of £315,000 on 15 Dec 2006. 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 |
|---|---|
| £315,000 | 15 Dec 2006 |
| £91,500 | 5 Jul 1996 |
| Terraced |
| Freehold |
| Floor Area: 121 sq meters or 1,311 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 2006 the House Price Index for GREATER LONDON was 89.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 66.761%.Applying this 66.761% change to the original purchase price of £315,000 results in an estimated price of approximately £525,296.
| 15 Dec 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.8 | 149.7 | 66.761 % | £315,000 | £210,296 | £525,296 |
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 | 81.579 % | £256,972 | £571,972 |
| 3 Month Average | 97.057 % | £305,730 | £620,730 |
| 6 Month Average | 84.616 % | £266,539 | £581,539 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 May 2024 | £376,600 | £376,600 | 16 SUFFIELD ROAD |
| 17 Apr 2024 | £640,563 | £635,000 | 107 NORMANSHIRE DRIVE |
| 30 Nov 2023 | £500,710 | £488,000 | 31 SUFFIELD ROAD |
| 30 Oct 2023 | £507,527 | £496,000 | 10 SUFFIELD ROAD |
| 7 Mar 2023 | £366,114 | £360,000 | 20 SUFFIELD ROAD |
This house has a floor area of 121 sq meters or 1,311 sq feet when measured on 15 Dec 2008. Using an estimated price of £525,297 means this house is valued at £4,309 per sq meter (£400 per sq foot).
The average size of a house on NEW ROAD is 106 sq meters (1,146 sq feet).