£340,310
This estimated value is based upon the latest sale price for the house of £281,750 on 4 Feb 2020. 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 |
|---|---|
| £281,750 | 4 Feb 2020 |
| £105,000 | 6 Dec 2002 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 53 sq meters or 570 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 February 2020 the House Price Index for GREATER LONDON was 121.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 20.785%.Applying this 20.785% change to the original purchase price of £281,750 results in an estimated price of approximately £340,310.
| 4 Feb 2020 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 146.7 | 20.785 % | £281,750 | £58,560 | £340,310 |
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 | 43.299 % | £121,995 | £403,745 |
| 3 Month Average | 34.105 % | £96,089 | £377,839 |
| 6 Month Average | 22.107 % | £62,285 | £344,035 |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 12 Apr 2018.
The average size of a house on CHIGWELL ROAD is 78 sq meters (848 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Chalford Walk |
| Jan 2024 | Anti-social behaviour | On or near Chalford Walk | |
| Jan 2024 | Anti-social behaviour | On or near Chalford Walk | |
| Jan 2024 | Anti-social behaviour | On or near Chalford Walk | |
| Jan 2024 | Other theft | Under investigation | On or near Chalford Walk |