£367,941
This estimated value is based upon the latest sale price for the house of £180,000 on 16 Apr 2004. 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 |
|---|---|
| £180,000 | 16 Apr 2004 |
| £80,000 | 31 Jul 1998 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 73 sq meters or 785 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 2004 the House Price Index for GREATER LONDON was 72.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 104.412%.Applying this 104.412% change to the original purchase price of £180,000 results in an estimated price of approximately £367,941.
| 16 Apr 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 72.7 | 148.6 | 104.412 % | £180,000 | £187,941 | £367,941 |
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 | 127.506 % | £229,510 | £409,510 |
| 3 Month Average | 131.097 % | £235,973 | £415,973 |
| 6 Month Average | 126.380 % | £227,483 | £407,483 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Mar 2023 | £333,139 | £330,000 | 94 RAY LODGE ROAD |
| 27 Feb 2023 | £289,805 | £290,000 | 168 RAY LODGE ROAD |
| 22 Sep 2022 | £317,437 | £320,000 | 20 THE RODINGS SNAKES LANE |
| 1 Feb 2022 | £356,556 | £340,000 | 146 SNAKES LANE EAST |
| 12 Nov 2021 | £584,017 | £540,000 | 23 GREENSTEAD AVENUE |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 12 Nov 2012. Using an estimated price of £367,942 means this house is valued at £5,040 per sq meter (£468 per sq foot).
The average size of a house on SNAKES LANE EAST is 80 sq meters (867 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Baddow Close | |
| Jan 2024 | Anti-social behaviour | On or near Baddow Close | |
| Jan 2024 | Anti-social behaviour | On or near Baddow Close | |
| Jan 2024 | Anti-social behaviour | On or near Baddow Close | |
| Jan 2024 | Anti-social behaviour | On or near Baddow Close |