£430,880
This estimated value is based upon the latest sale price for the house of £250,000 on 25 Nov 2011. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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227 Chingford Mount Road, Chingford, London, E4 8LP
Phone: 02081667326
Price Paid | Date |
---|---|
£250,000 | 25 Nov 2011 |
Terraced |
Freehold |
Floor Area: 93 sq meters or 1,004 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 November 2011 the House Price Index for GREATER LONDON was 86.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.352%.Applying this 72.352% change to the original purchase price of £250,000 results in an estimated price of approximately £430,880.
25 Nov 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.2 | 148.6 | 72.352 % | £250,000 | £180,880 | £430,880 |
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 | -35.134 % | £-87,835 | £162,164 |
3 Month Average | 33.060 % | £82,650 | £332,650 |
6 Month Average | 77.083 % | £192,707 | £442,707 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Mar 2024 | £525,000 | £525,000 | 18 ROWDEN WAY |
17 Nov 2023 | £487,213 | £480,000 | 27 ROWDEN PARK GARDENS |
1 Mar 2023 | £716,753 | £710,000 | 13 ROWDEN ROAD |
11 Jan 2023 | £280,678 | £282,000 | 15 SALISBURY HALL GARDENS |
12 Sep 2022 | £540,634 | £545,000 | 18 ROWDEN PARK GARDENS |
This house has a floor area of 93 sq meters or 1,004 sq feet when measured on 7 Sep 2011. Using an estimated price of £430,881 means this house is valued at £4,618 per sq meter (£429 per sq foot).
The average size of a house on SALISBURY HALL GARDENS is 106 sq meters (1,151 sq feet).