£838,343
This estimated value is based upon the latest sale price for the house of £670,000 on 29 Sep 2017. 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 |
|---|---|
| £670,000 | 29 Sep 2017 |
| £305,000 | 11 Jul 2008 |
| Terraced |
| Freehold |
| Floor Area: 135 sq meters or 1,461 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 September 2017 the House Price Index for GREATER LONDON was 117.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 25.126%.Applying this 25.126% change to the original purchase price of £670,000 results in an estimated price of approximately £838,343.
| 29 Sep 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.2 | 146.7 | 25.126 % | £670,000 | £168,343 | £838,343 |
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 | 3.889 % | £26,053 | £696,053 |
| 3 Month Average | 13.253 % | £88,796 | £758,796 |
| 6 Month Average | 8.180 % | £54,807 | £724,807 |
This house has a floor area of 135 sq meters or 1,461 sq feet when measured on 21 Aug 2011.
The average size of a house on PURLEIGH AVENUE is 111 sq meters (1,196 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Drugs | Under investigation | On or near Thurlby Close |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Hazeleigh Gardens |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near The Childers |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near The Childers |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near The Childers |