£404,337
This estimated value is based upon the latest sale price for the house of £250,000 on 7 Mar 2007. 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 |
|---|---|
| £250,000 | 7 Mar 2007 |
| £104,000 | 29 May 1998 |
| Terraced |
| Freehold |
| Floor Area: 102 sq meters or 1,097 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 March 2007 the House Price Index for GREATER LONDON was 91.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 61.735%.Applying this 61.735% change to the original purchase price of £250,000 results in an estimated price of approximately £404,337.
| 7 Mar 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.9 | 148.6 | 61.735 % | £250,000 | £154,337 | £404,337 |
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 | -31.085 % | £-77,711 | £172,288 |
| 3 Month Average | 39.258 % | £98,145 | £348,145 |
| 6 Month Average | 87.263 % | £218,158 | £468,158 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Nov 2023 | £522,739 | £515,000 | 8 NEW ROAD |
| 9 Nov 2023 | £695,294 | £685,000 | 44 NEW ROAD |
| 28 Jul 2023 | £577,776 | £570,000 | 63 NEW ROAD |
| 8 Feb 2023 | £629,576 | £630,000 | 54 NEW ROAD |
| 5 Aug 2022 | £523,591 | £525,000 | 67 LARKSWOOD ROAD |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 26 Sep 2015. Using an estimated price of £404,337 means this house is valued at £3,964 per sq meter (£368 per sq foot).
The average size of a house on NORMANSHIRE DRIVE is 112 sq meters (1,210 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Anti-social behaviour | On or near Normanshire Drive | |
| 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 | |
| Dec 2023 | Anti-social behaviour | On or near Normanshire Drive |