£444,851
This estimated value is based upon the latest sale price for the house of £225,000 on 25 Jun 2004. 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 |
|---|---|
| £225,000 | 25 Jun 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 126 sq meters or 1,356 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 June 2004 the House Price Index for GREATER LONDON was 75.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 97.712%.Applying this 97.712% change to the original purchase price of £225,000 results in an estimated price of approximately £444,851.
| 25 Jun 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 75.2 | 148.6 | 97.712 % | £225,000 | £219,851 | £444,851 |
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 | -18.220 % | £-40,994 | £184,005 |
| 3 Month Average | 69.021 % | £155,296 | £380,296 |
| 6 Month Average | 124.505 % | £280,136 | £505,136 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2023 | £480,824 | £475,000 | 24 MARMION AVENUE |
| 11 Jan 2023 | £505,618 | £508,000 | 56 MARMION CLOSE |
| 25 Aug 2022 | £429,843 | £431,000 | 16 MARMION AVENUE |
| 20 Jun 2022 | £525,932 | £518,500 | 52 MARMION AVENUE |
| 7 Feb 2022 | £471,913 | £450,000 | 54 MARMION AVENUE |
This house has a floor area of 126 sq meters or 1,356 sq feet when measured on 11 Nov 2021. Using an estimated price of £444,852 means this house is valued at £3,530 per sq meter (£328 per sq foot).
The average size of a house on MARMION AVENUE is 92 sq meters (1,001 sq feet).