£456,860
This estimated value is based upon the latest sale price for the house of £366,000 on 6 Apr 2018. 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 |
|---|---|
| £366,000 | 6 Apr 2018 |
| £194,500 | 15 Jun 2007 |
| £209,995 | 11 Apr 2007 |
| £102,000 | 10 Jan 2002 |
| Freehold |
| Floor Area: 46 sq meters or 495 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 April 2018 the House Price Index for GREATER LONDON was 119.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.825%.Applying this 24.825% change to the original purchase price of £366,000 results in an estimated price of approximately £456,860.
| 6 Apr 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.0 | 148.6 | 24.825 % | £366,000 | £90,860 | £456,860 |
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 | -5.357 % | £-19,608 | £346,391 |
| 3 Month Average | 15.699 % | £57,457 | £423,457 |
| 6 Month Average | 3.209 % | £11,745 | £377,745 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £320,610 | £315,000 | 43 FALCON COURT |
| 13 Sep 2023 | £658,419 | £650,000 | 43 GRANVILLE ROAD |
| 8 Sep 2023 | £501,411 | £495,000 | FLAT 9 MAYSTOCKS COURT, 59 CHIGWELL ROAD |
| 22 Jun 2023 | £556,744 | £550,000 | 43 CHIGWELL ROAD |
| 28 Jan 2022 | £854,555 | £812,000 | 22 GRANVILLE ROAD |
This house has a floor area of 46 sq meters or 495 sq feet when measured on 30 Nov 2017. Using an estimated price of £456,860 means this house is valued at £9,931 per sq meter (£922 per sq foot).
The average size of a house on CHIGWELL ROAD is 75 sq meters (813 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Granville Road |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Old Mill Court |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Old Mill Court |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Old Mill Court |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Old Mill Court |