£388,241
This estimated value is based upon the latest sale price for the house of £167,500 on 4 Aug 2003. 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 |
---|---|
£167,500 | 4 Aug 2003 |
Terraced |
Freehold |
Floor Area: 80 sq meters or 861 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 August 2003 the House Price Index for GREATER LONDON was 64.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 131.786%.Applying this 131.786% change to the original purchase price of £167,500 results in an estimated price of approximately £388,241.
4 Aug 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
64.6 | 149.7 | 131.786 % | £167,500 | £220,741 | £388,241 |
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 | 113.104 % | £189,448 | £356,948 |
3 Month Average | 136.466 % | £228,581 | £396,081 |
6 Month Average | 124.109 % | £207,882 | £375,382 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Mar 2024 | £476,318 | £469,000 | 1 BERNWELL ROAD |
15 Dec 2023 | £265,147 | £257,000 | 52 BERNWELL ROAD |
23 Aug 2023 | £458,265 | £450,000 | 74 BERNWELL ROAD |
17 Aug 2023 | £534,643 | £525,000 | 1 GROVESIDE ROAD |
24 Mar 2023 | £280,688 | £276,000 | 30 BLUEHOUSE ROAD |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 6 Dec 2013. Using an estimated price of £388,241 means this house is valued at £4,853 per sq meter (£450 per sq foot).
The average size of a house on BERNWELL ROAD is 76 sq meters (826 sq feet).