£547,551
This estimated value is based upon the latest sale price for the house of £106,000 on 2 May 1997. 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 |
|---|---|
| £106,000 | 2 May 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 105 sq meters or 1,136 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 1997 the House Price Index for GREATER LONDON was 28.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 416.558%.Applying this 416.558% change to the original purchase price of £106,000 results in an estimated price of approximately £547,551.
| 2 May 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 28.8 | 148.6 | 416.558 % | £106,000 | £441,551 | £547,551 |
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 | 101.586 % | £107,681 | £213,681 |
| 3 Month Average | 304.062 % | £322,305 | £428,305 |
| 6 Month Average | 425.873 % | £451,425 | £557,425 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Nov 2023 | £522,739 | £515,000 | 8 NEW ROAD |
| 10 Nov 2023 | £537,965 | £530,000 | 21 BROOK CRESCENT |
| 9 Nov 2023 | £695,294 | £685,000 | 44 NEW ROAD |
| 20 Mar 2023 | £529,993 | £525,000 | 81 NORMANSHIRE DRIVE |
| 8 Feb 2023 | £629,576 | £630,000 | 54 NEW ROAD |
This house has a floor area of 105 sq meters or 1,136 sq feet when measured on 22 Oct 2010. Using an estimated price of £547,551 means this house is valued at £5,185 per sq meter (£481 per sq foot).
The average size of a house on NEW ROAD is 106 sq meters (1,146 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Brook Gardens |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Brook Crescent |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Normanshire Drive |
| Dec 2023 | Anti-social behaviour | On or near Normanshire Drive | |
| Dec 2023 | Anti-social behaviour | On or near Normanshire Drive |