£549,275
This estimated value is based upon the latest sale price for the house of £432,500 on 24 Nov 2017. 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 |
---|---|
£432,500 | 24 Nov 2017 |
£332,000 | 2 Apr 2015 |
£227,000 | 7 Oct 2005 |
£84,995 | 20 Mar 1998 |
£72,000 | 21 Mar 1997 |
Terraced |
Freehold |
Floor Area: 83 sq meters or 893 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 2017 the House Price Index for GREATER LONDON was 117.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.000%.Applying this 27.000% change to the original purchase price of £432,500 results in an estimated price of approximately £549,275.
24 Nov 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.9 | 149.7 | 27.000 % | £432,500 | £116,775 | £549,275 |
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 | -0.264 % | £-1,141 | £431,358 |
3 Month Average | 9.917 % | £42,892 | £475,392 |
6 Month Average | 9.567 % | £41,376 | £473,876 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Apr 2023 | £458,577 | £450,000 | 23 LEONARD ROAD |
3 Mar 2023 | £513,577 | £505,000 | 19 GEORGE ROAD |
21 Feb 2022 | £475,406 | £450,000 | 33 LEONARD ROAD |
3 Feb 2022 | £531,398 | £503,000 | 2 GEORGE ROAD |
15 Dec 2021 | £453,309 | £420,000 | 16 BATEMAN ROAD |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 1 Sep 2014. Using an estimated price of £549,275 means this house is valued at £6,617 per sq meter (£614 per sq foot).
The average size of a house on LEONARD ROAD is 102 sq meters (1,102 sq feet).