£961,065
This estimated value is based upon the latest sale price for the house of £745,000 on 25 Jan 2017. 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 |
|---|---|
| £745,000 | 25 Jan 2017 |
| £404,000 | 7 Dec 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 177 sq meters or 1,905 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 January 2017 the House Price Index for GREATER LONDON was 113.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 29.002%.Applying this 29.002% change to the original purchase price of £745,000 results in an estimated price of approximately £961,065.
| 25 Jan 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.7 | 146.7 | 29.002 % | £745,000 | £216,065 | £961,065 |
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 | 25.745 % | £191,800 | £936,800 |
| 3 Month Average | 32.602 % | £242,884 | £987,884 |
| 6 Month Average | 19.568 % | £145,778 | £890,778 |
This house has a floor area of 177 sq meters or 1,905 sq feet when measured on 25 Oct 2016.
There is one other house on the street which we know the size of, this is 3 GLEBE WAY it is 129.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Prospect Road |