£484,576
This estimated value is based upon the latest sale price for the house of £390,000 on 3 Jul 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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157 Station Road, Chingford, London, E4 6AG
Phone: 02080332385
| Price Paid | Date |
|---|---|
| £390,000 | 3 Jul 2019 |
| Terraced |
| Freehold |
| Floor Area: 66 sq meters or 710 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 July 2019 the House Price Index for GREATER LONDON was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.250%.Applying this 24.250% change to the original purchase price of £390,000 results in an estimated price of approximately £484,576.
| 3 Jul 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 149.7 | 24.250 % | £390,000 | £94,576 | £484,576 |
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 | -8.488 % | £-33,101 | £356,898 |
| 3 Month Average | 7.292 % | £28,438 | £418,438 |
| 6 Month Average | 3.141 % | £12,250 | £402,250 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Sep 2023 | £492,865 | £482,000 | 118 MANOR FARM DRIVE |
| 23 Aug 2023 | £458,265 | £450,000 | 74 BERNWELL ROAD |
| 17 Aug 2023 | £534,643 | £525,000 | 1 GROVESIDE ROAD |
| 11 Aug 2023 | £458,265 | £450,000 | 151 MANOR FARM DRIVE |
| 9 Jun 2023 | £474,509 | £465,000 | 130 MANOR FARM DRIVE |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 8 Apr 2019. Using an estimated price of £484,577 means this house is valued at £7,342 per sq meter (£682 per sq foot).
The average size of a house on HORNBEAM GROVE is 95 sq meters (1,031 sq feet).