£329,605
This estimated value is based upon the latest sale price for the house of £323,000 on 1 Jun 2023. 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 |
|---|---|
| £323,000 | 1 Jun 2023 |
| £182,500 | 23 Dec 2021 |
| Flats/Maisonettes |
| Leasehold |
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 2023 the House Price Index for GREATER LONDON was 146.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.045%.Applying this 2.045% change to the original purchase price of £323,000 results in an estimated price of approximately £329,605.
| 1 Jun 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.7 | 149.7 | 2.045 % | £323,000 | £6,605 | £329,605 |
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 | 22.415 % | £72,400 | £395,400 |
| 3 Month Average | 4.644 % | £14,999 | £337,999 |
| 6 Month Average | -1.784 % | £-5,761 | £317,238 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Oct 2023 | £434,877 | £425,000 | 652A CHIGWELL ROAD |
| 6 Oct 2023 | £337,669 | £330,000 | 7A GAINSBOROUGH ROAD |
| 3 Oct 2023 | £40,930 | £40,000 | 680 CHIGWELL ROAD |
| 22 Aug 2023 | £575,378 | £565,000 | 20 GAYNES HILL ROAD |
| 1 Jun 2023 | £329,605 | £323,000 | 3 GREEN WALK |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Oakwood Close |
| Sep 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Oakwood Close |
| Aug 2024 | Drugs | Investigation complete; no suspect identified | On or near Oakwood Close |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Oakwood Close |
| Nov 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Green Walk |