£402,383
This estimated value is based upon the latest sale price for the house of £249,995 on 6 Jun 2014. 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 |
---|---|
£249,995 | 6 Jun 2014 |
£175,000 | 25 Nov 2005 |
£170,000 | 30 Jan 2004 |
£89,995 | 2 Feb 2000 |
£69,000 | 20 Apr 1998 |
Terraced |
Freehold |
Floor Area: 56 sq meters or 605 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 2014 the House Price Index for GREATER LONDON was 64.8.
The House Price Index as of 1 Mar 2025 is 104.3 which is a change of 60.957%.Applying this 60.957% change to the original purchase price of £249,995 results in an estimated price of approximately £402,383.
6 Jun 2014 | 1 Mar 2025 | % change | Purchase Price | Gain / Loss | Estimated Price |
64.8 | 104.3 | 60.957 % | £249,995 | £152,388 | £402,383 |
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 | 106.535 % | £266,333 | £516,328 |
3 Month Average | 59.702 % | £149,250 | £399,245 |
6 Month Average | 65.294 % | £163,231 | £413,226 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Mar 2025 | £437,500 | £437,500 | 46 UNDERWOOD ROAD |
24 Feb 2025 | £421,465 | £415,000 | 15 HOOKSTONE WAY |
10 Feb 2025 | £390,998 | £385,000 | 18 UNDERWOOD ROAD |
5 Aug 2024 | £777,261 | £740,000 | 29 BRACKLEY SQUARE |
15 Dec 2023 | £445,772 | £415,000 | 13 UNDERWOOD ROAD |
This house has a floor area of 56 sq meters or 605 sq feet when measured on 16 Sep 2011. Using an estimated price of £402,384 means this house is valued at £7,152 per sq meter (£664 per sq foot).
The average size of a house on GOLDHAZE CLOSE is 63 sq meters (678 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2025 | Drugs | Unable to prosecute suspect | On or near Goldhaze Close |
Jan 2025 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Goldhaze Close |
Mar 2025 | Burglary | Investigation complete; no suspect identified | On or near Underwood Road |
Feb 2025 | Drugs | Unable to prosecute suspect | On or near Underwood Road |
Jan 2025 | Drugs | Unable to prosecute suspect | On or near Underwood Road |