£551,237
This estimated value is based upon the latest sale price for the house of £330,000 on 26 Apr 2013. 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 |
|---|---|
| £330,000 | 26 Apr 2013 |
| Terraced |
| Freehold |
| Floor Area: 104 sq meters or 1,122 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 2013 the House Price Index for GREATER LONDON was 88.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 67.042%.Applying this 67.042% change to the original purchase price of £330,000 results in an estimated price of approximately £551,237.
| 26 Apr 2013 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.6 | 148.0 | 67.042 % | £330,000 | £221,237 | £551,237 |
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 | 20.889 % | £68,932 | £398,932 |
| 3 Month Average | 47.529 % | £156,845 | £486,845 |
| 6 Month Average | 70.058 % | £231,190 | £561,190 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Mar 2023 | £281,522 | £280,000 | 5 ELM COURT LOVE LANE |
| 3 Mar 2023 | £296,603 | £295,000 | 1 LOVE LANE |
| 6 Jan 2023 | £282,518 | £285,000 | 10 ELM COURT LOVE LANE |
| 24 Oct 2022 | £622,743 | £632,000 | 786 CHIGWELL ROAD |
| 29 Jul 2022 | £311,579 | £312,000 | FLAT 4 THURLBY HOUSE CHIGWELL ROAD |
This house has a floor area of 104 sq meters or 1,122 sq feet when measured on 13 Apr 2010. Using an estimated price of £551,238 means this house is valued at £5,285 per sq meter (£491 per sq foot).
The average size of a house on CROSS ROAD is 85 sq meters (922 sq feet).
This house is the largest in the street with a floor area of 104 sq meters (1,122 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Love Lane |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Love Lane |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Love Lane |
| Apr 2024 | Other theft | Under investigation | On or near Thurlby Close |
| Feb 2024 | Anti-social behaviour | On or near Thurlby Close |