£425,989
This estimated value is based upon the latest sale price for the house of £250,000 on 28 Dec 2012. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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1b Hall Lane, Chingford, London, E4 8HH
Phone: 02081158180
| Price Paid | Date |
|---|---|
| £250,000 | 28 Dec 2012 |
| £235,000 | 19 Dec 2006 |
| £152,000 | 26 Mar 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 75 sq meters or 807 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 December 2012 the House Price Index for GREATER LONDON was 87.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.396%.Applying this 70.396% change to the original purchase price of £250,000 results in an estimated price of approximately £425,989.
| 28 Dec 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.9 | 149.7 | 70.396 % | £250,000 | £175,989 | £425,989 |
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 | 68.024 % | £170,060 | £420,060 |
| 3 Month Average | 83.459 % | £208,648 | £458,648 |
| 6 Month Average | 73.749 % | £184,372 | £434,372 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Apr 2024 | £287,497 | £285,000 | 178A SINCLAIR ROAD |
| 15 Sep 2023 | £283,244 | £277,000 | 216A WESTWARD ROAD |
| 1 Sep 2023 | £480,594 | £470,000 | 211 WESTWARD ROAD |
| 12 Jan 2023 | £651,741 | £650,000 | 178 WESTWARD ROAD |
| 11 Nov 2022 | £547,440 | £550,000 | 222 WESTWARD ROAD |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 4 Jul 2012. Using an estimated price of £425,989 means this house is valued at £5,679 per sq meter (£527 per sq foot).
The average size of a house on WESTWARD ROAD is 80 sq meters (863 sq feet).