£507,493
This estimated value is based upon the latest sale price for the house of £249,995 on 24 May 2004. 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 |
|---|---|
| £249,995 | 24 May 2004 |
| Terraced |
| Freehold |
| Floor Area: 91 sq meters or 979 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 2004 the House Price Index for GREATER LONDON was 73.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 103.002%.Applying this 103.002% change to the original purchase price of £249,995 results in an estimated price of approximately £507,493.
| 24 May 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 73.7 | 149.7 | 103.002 % | £249,995 | £257,498 | £507,493 |
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 | 140.617 % | £351,536 | £601,531 |
| 3 Month Average | 149.384 % | £373,452 | £623,447 |
| 6 Month Average | 147.481 % | £368,694 | £618,689 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Apr 2024 | £292,540 | £290,000 | 14A HALL LANE |
| 20 Mar 2024 | £477,334 | £470,000 | 27 MARMION AVENUE |
| 30 Jun 2023 | £484,714 | £475,000 | 24 MARMION AVENUE |
| 11 Jan 2023 | £509,361 | £508,000 | 56 MARMION CLOSE |
| 25 Aug 2022 | £433,025 | £431,000 | 16 MARMION AVENUE |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 23 Jan 2014. Using an estimated price of £507,494 means this house is valued at £5,576 per sq meter (£518 per sq foot).
The average size of a house on MARMION AVENUE is 92 sq meters (1,001 sq feet).