£402,185
This estimated value is based upon the latest sale price for the house of £249,999 on 23 May 2007. 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 |
|---|---|
| £249,999 | 23 May 2007 |
| £178,000 | 24 Sep 2003 |
| Terraced |
| Freehold |
| Floor Area: 63 sq meters or 678 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 May 2007 the House Price Index for GREATER LONDON was 93.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 60.875%.Applying this 60.875% change to the original purchase price of £249,999 results in an estimated price of approximately £402,185.
| 23 May 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.1 | 149.7 | 60.875 % | £249,999 | £152,186 | £402,185 |
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 | 108.130 % | £270,322 | £520,321 |
| 3 Month Average | 110.927 % | £277,316 | £527,315 |
| 6 Month Average | 97.647 % | £244,115 | £494,114 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Oct 2024 | £655,000 | £655,000 | 31 CANFIELD ROAD |
| 28 Jun 2024 | £525,000 | £525,000 | 38 CANFIELD ROAD |
| 16 May 2024 | £522,500 | £522,500 | 51 UPLANDS ROAD |
| 8 Mar 2024 | £383,390 | £377,500 | 89 UPLANDS ROAD |
| 27 Oct 2023 | £460,458 | £450,000 | 44 CANFIELD ROAD |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 11 Dec 2019. Using an estimated price of £402,186 means this house is valued at £6,383 per sq meter (£593 per sq foot).
The average size of a house on UPLANDS ROAD is 83 sq meters (903 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Uplands Road |
| Aug 2024 | Anti-social behaviour | On or near Uplands Road | |
| Aug 2024 | Anti-social behaviour | On or near Uplands Road | |
| Aug 2024 | Anti-social behaviour | On or near Uplands Road | |
| Aug 2024 | Anti-social behaviour | On or near Uplands Road |