£610,274
This estimated value is based upon the latest sale price for the house of £455,000 on 5 Aug 2016. 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 |
---|---|
£455,000 | 5 Aug 2016 |
Terraced |
Freehold |
Floor Area: 96 sq meters or 1,033 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 August 2016 the House Price Index for GREATER LONDON was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.126%.Applying this 34.126% change to the original purchase price of £455,000 results in an estimated price of approximately £610,274.
5 Aug 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.6 | 149.7 | 34.126 % | £455,000 | £155,274 | £610,274 |
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 | 8.407 % | £38,251 | £493,251 |
3 Month Average | 24.384 % | £110,945 | £565,945 |
6 Month Average | 18.872 % | £85,868 | £540,868 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Mar 2023 | £533,916 | £525,000 | 81 NORMANSHIRE DRIVE |
10 Mar 2023 | £325,435 | £320,000 | 6 NORMANSHIRE DRIVE |
8 Feb 2023 | £292,454 | £290,500 | 33 LARKSWOOD ROAD |
7 Feb 2023 | £621,149 | £617,000 | 41 NEW ROAD |
20 Jul 2022 | £621,225 | £615,000 | 51 NEW ROAD |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 22 Feb 2016. Using an estimated price of £610,275 means this house is valued at £6,357 per sq meter (£590 per sq foot).
The average size of a house on NORMANSHIRE DRIVE is 112 sq meters (1,210 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Larkswood Road |
Apr 2024 | Vehicle crime | Under investigation | On or near Larkswood Road |
Apr 2024 | Public order | Under investigation | On or near Brook Gardens |
Apr 2024 | Vehicle crime | Under investigation | On or near Brook Gardens |