£578,643
This estimated value is based upon the latest sale price for the house of £442,500 on 7 Oct 2016. 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 |
---|---|
£442,500 | 7 Oct 2016 |
£102,000 | 12 Oct 1998 |
Semi-Detached |
Freehold |
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 October 2016 the House Price Index for GREATER LONDON was 112.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 30.767%.Applying this 30.767% change to the original purchase price of £442,500 results in an estimated price of approximately £578,643.
7 Oct 2016 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
112.2 | 146.7 | 30.767 % | £442,500 | £136,143 | £578,643 |
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 | 67.787 % | £299,958 | £742,458 |
3 Month Average | 31.276 % | £138,396 | £580,896 |
6 Month Average | 18.660 % | £82,572 | £525,072 |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 18 May 2016.
The average size of a house on AVENUE ROAD is 95 sq meters (1,032 sq feet).
This house is the smallest in the street with a floor area of 73 sq meters (785 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ray Lodge Road |
Dec 2023 | Public order | Investigation complete; no suspect identified | On or near Ray Lodge Road |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near West Grove |
Dec 2023 | Violence and sexual offences | Under investigation | On or near West Grove |