£624,455
This estimated value is based upon the latest sale price for the house of £465,000 on 27 May 2016. 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 |
|---|---|
| £465,000 | 27 May 2016 |
| Terraced |
| Freehold |
| Floor Area: 103 sq meters or 1,108 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 2016 the House Price Index for GREATER LONDON was 110.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 34.292%.Applying this 34.292% change to the original purchase price of £465,000 results in an estimated price of approximately £624,455.
| 27 May 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.7 | 148.6 | 34.292 % | £465,000 | £159,455 | £624,455 |
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 | -53.899 % | £-250,628 | £214,371 |
| 3 Month Average | -6.569 % | £-30,547 | £434,452 |
| 6 Month Average | 19.841 % | £92,261 | £557,261 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Feb 2023 | £574,613 | £575,000 | 151 NEW ROAD |
| 21 Oct 2022 | £578,768 | £585,000 | 112 NORMANSHIRE DRIVE |
| 22 Apr 2022 | £617,879 | £600,000 | 142 NORMANSHIRE DRIVE |
| 26 Nov 2021 | £621,870 | £575,000 | 140 NORMANSHIRE DRIVE |
| 18 Jun 2021 | £547,191 | £510,000 | 160 NORMANSHIRE DRIVE |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 8 Feb 2016. Using an estimated price of £624,456 means this house is valued at £6,062 per sq meter (£563 per sq foot).
The average size of a house on NORMANSHIRE DRIVE is 112 sq meters (1,210 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Under investigation | On or near Bailey Close |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Bailey Close |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Bailey Close |