£468,675
This estimated value is based upon the latest sale price for the house of £280,000 on 15 Mar 2013. 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 |
|---|---|
| £280,000 | 15 Mar 2013 |
| £285,000 | 14 Jan 2010 |
| £197,000 | 18 Dec 2002 |
| £161,000 | 21 Sep 2001 |
| £104,995 | 27 Mar 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 78 sq meters or 839 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 March 2013 the House Price Index for GREATER LONDON was 88.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 67.384%.Applying this 67.384% change to the original purchase price of £280,000 results in an estimated price of approximately £468,675.
| 15 Mar 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.8 | 148.6 | 67.384 % | £280,000 | £188,675 | £468,675 |
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 | 70.327 % | £196,915 | £476,915 |
| 3 Month Average | 84.942 % | £237,838 | £517,838 |
| 6 Month Average | 70.566 % | £197,585 | £477,585 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Aug 2023 | £569,986 | £565,000 | 20 GAYNES HILL ROAD |
| 1 Jun 2023 | £326,961 | £323,000 | 3 GREEN WALK |
| 12 Oct 2022 | £538,205 | £544,000 | 10 RODING LANE NORTH |
| 30 Mar 2022 | £388,598 | £375,000 | 7 RODING AVENUE |
| 11 Feb 2022 | £335,582 | £320,000 | FLAT 1 ROTTINGDEAN HOUSE, 2 GAYNES HILL ROAD |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 17 Apr 2013. Using an estimated price of £468,676 means this house is valued at £6,008 per sq meter (£558 per sq foot).
The average size of a house on RODING AVENUE is 86 sq meters (933 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Roding Avenue |
| Jan 2024 | Other theft | Under investigation | On or near Gaynes Hill Road |