£387,105
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 96.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 54.845%.Applying this 54.845% change to the original purchase price of £249,995 results in an estimated price of approximately £387,105.
| 6 Jun 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.7 | 149.7 | 54.845 % | £249,995 | £137,110 | £387,105 |
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 | 48.066 % | £120,162 | £370,157 |
| 3 Month Average | 66.769 % | £166,919 | £416,914 |
| 6 Month Average | 58.898 % | £147,241 | £397,236 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jul 2024 | £400,000 | £400,000 | 20 GOLDHAZE CLOSE |
| 15 Dec 2023 | £428,156 | £415,000 | 13 UNDERWOOD ROAD |
| 8 Nov 2023 | £328,334 | £320,000 | 25 HOOKSTONE WAY |
| 29 Sep 2023 | £437,136 | £427,500 | 39 HOOKSTONE WAY |
| 28 Sep 2023 | £368,115 | £360,000 | 23 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 £387,105 means this house is valued at £6,880 per sq meter (£639 per sq foot).
The average size of a house on GOLDHAZE CLOSE is 63 sq meters (678 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Drugs | Under investigation | On or near Goldhaze Close |
| Oct 2024 | Drugs | Unable to prosecute suspect | On or near Goldhaze Close |
| Oct 2024 | Drugs | Unable to prosecute suspect | On or near Goldhaze Close |
| Nov 2024 | Drugs | Unable to prosecute suspect | On or near Underwood Road |
| Nov 2024 | Drugs | Unable to prosecute suspect | On or near Underwood Road |