£752,914
This estimated value is based upon the latest sale price for the house of £230,000 on 22 Aug 2001. 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 |
|---|---|
| £230,000 | 22 Aug 2001 |
| £126,000 | 16 Oct 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 87 sq meters or 936 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 August 2001 the House Price Index for GREATER LONDON was 44.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 227.354%.Applying this 227.354% change to the original purchase price of £230,000 results in an estimated price of approximately £752,914.
| 22 Aug 2001 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 44.8 | 146.7 | 227.354 % | £230,000 | £522,914 | £752,914 |
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 | 208.541 % | £479,644 | £709,644 |
| 3 Month Average | 220.399 % | £506,917 | £736,917 |
| 6 Month Average | 197.428 % | £454,085 | £684,085 |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 14 Jul 2014.
There is one other house on the street which we know the size of, this is 1 FRANKLAND CLOSE it is 108.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Frankland Close |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Frankland Close |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Ewanrigg Terrace |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Hillside Close |
| Jan 2024 | Anti-social behaviour | On or near Ribble Close |