£752,942
This estimated value is based upon the latest sale price for the house of £605,000 on 15 Mar 2019. 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 |
|---|---|
| £605,000 | 15 Mar 2019 |
| £300,000 | 5 Sep 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 144 sq meters or 1,550 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 March 2019 the House Price Index for GREATER LONDON was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.453%.Applying this 24.453% change to the original purchase price of £605,000 results in an estimated price of approximately £752,942.
| 15 Mar 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.453 % | £605,000 | £147,942 | £752,942 |
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 | 12.429 % | £75,194 | £680,194 |
| 3 Month Average | 17.553 % | £106,193 | £711,193 |
| 6 Month Average | 10.536 % | £63,740 | £668,740 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Jan 2023 | £571,527 | £570,000 | 17 MALDON WALK |
| 27 Oct 2022 | £612,953 | £615,000 | 8 RAYLEIGH ROAD |
| 30 Sep 2022 | £379,746 | £380,000 | 27 ST ANTHONYS AVENUE |
| 30 Sep 2022 | £379,746 | £380,000 | 25 ST ANTHONYS AVENUE |
| 15 Oct 2021 | £409,641 | £367,500 | 35 ST ANTHONYS AVENUE |
This house has a floor area of 144 sq meters or 1,550 sq feet when measured on 20 Dec 2018. Using an estimated price of £752,942 means this house is valued at £5,228 per sq meter (£485 per sq foot).
The average size of a house on RAYLEIGH ROAD is 121 sq meters (1,305 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Theft from the person | Unable to prosecute suspect | On or near Maldon Walk |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Maldon Walk |
| Aug 2024 | Anti-social behaviour | On or near St Anthony'S Avenue | |
| Aug 2024 | Anti-social behaviour | On or near St Anthony'S Avenue | |
| Aug 2024 | Anti-social behaviour | On or near St Anthony'S Avenue |