£357,530
This estimated value is based upon the latest sale price for the house of £275,000 on 22 Feb 2017. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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534 Chigwell Road, Woodford Green, IG8 8PA
Phone: 02036414329
| Price Paid | Date |
|---|---|
| £275,000 | 22 Feb 2017 |
| £1,375,000 | 22 Feb 2017 |
| £140,000 | 15 Dec 2006 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 50 sq meters or 538 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 February 2017 the House Price Index for GREATER LONDON was 114.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 30.011%.Applying this 30.011% change to the original purchase price of £275,000 results in an estimated price of approximately £357,530.
| 22 Feb 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.3 | 148.6 | 30.011 % | £275,000 | £82,530 | £357,530 |
The Postcode Pricing Model uses changes in average sales price within the IG8 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 | 52.920 % | £145,530 | £420,530 |
| 3 Month Average | 52.795 % | £145,186 | £420,186 |
| 6 Month Average | 25.180 % | £69,245 | £344,245 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Sep 2023 | £293,756 | £290,000 | 26 CHALFORD WALK |
| 13 Apr 2023 | £496,344 | £491,000 | 303 CHIGWELL ROAD |
| 22 Sep 2022 | £476,155 | £480,000 | 305 CHIGWELL ROAD |
| 25 May 2022 | £300,665 | £295,000 | 54 CHALFORD WALK |
| 6 May 2022 | £254,801 | £250,000 | 289 CHIGWELL ROAD |
This house has a floor area of 50 sq meters or 538 sq feet when measured on 31 Oct 2012. Using an estimated price of £357,530 means this house is valued at £7,150 per sq meter (£664 per sq foot).
The average size of a house on CHALFORD WALK is 52 sq meters (568 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Chalford Walk | |
| Jan 2024 | Other theft | Under investigation | On or near Chalford Walk |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Chalford Walk |
| Jan 2024 | Anti-social behaviour | On or near Chalford Walk | |
| Jan 2024 | Anti-social behaviour | On or near Chalford Walk |