£3,152,740
This estimated value is based upon the latest sale price for the house of £525,000 on 20 Nov 2023. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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72b George Lane, E18 1JJ
Phone: 02081284280
| Price Paid | Date |
|---|---|
| £525,000 | 20 Nov 2023 |
| £145,000 | 20 Sep 2001 |
| Terraced |
| Freehold |
| Floor Area: 73 sq meters or 788 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 2023 the House Price Index for GREATER LONDON was 24.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 500.522%.Applying this 500.522% change to the original purchase price of £525,000 results in an estimated price of approximately £3,152,740.
| 20 Nov 2023 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 24.4 | 146.7 | 500.522 % | £525,000 | £2,627,740 | £3,152,740 |
The Postcode Pricing Model uses changes in average sales price within the E18 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 | -20.851 % | £-109,467 | £415,532 |
| 3 Month Average | 7.545 % | £39,613 | £564,613 |
| 6 Month Average | -2.334 % | £-12,252 | £512,747 |
This house has a floor area of 73 sq meters or 788 sq feet when measured on 11 Mar 2010.
The average size of a house on CHIGWELL ROAD is 75 sq meters (813 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Robbery | Under investigation | On or near A113 |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near A113 |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near A113 |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near A113 |
| Jan 2024 | Anti-social behaviour | On or near Raven Road |