£317,948
This estimated value is based upon the latest sale price for the house of £310,000 on 8 Apr 2022. 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 |
|---|---|
| £310,000 | 8 Apr 2022 |
| £275,000 | 25 Jan 2019 |
| £85,000 | 1 Jun 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 86 sq meters or 925 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 April 2022 the House Price Index for GREATER LONDON was 144.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 2.564%.Applying this 2.564% change to the original purchase price of £310,000 results in an estimated price of approximately £317,948.
| 8 Apr 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 144.3 | 148.0 | 2.564 % | £310,000 | £7,948 | £317,948 |
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 | -30.139 % | £-93,429 | £216,570 |
| 3 Month Average | -1.795 % | £-5,565 | £304,434 |
| 6 Month Average | 1.607 % | £4,981 | £314,981 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Nov 2023 | £293,771 | £290,000 | 33 ORSETT TERRACE |
| 31 Mar 2023 | £291,576 | £290,000 | 31 NAVESTOCK CRESCENT |
| 22 Feb 2023 | £751,446 | £755,000 | 51 GRENVILLE GARDENS |
| 1 Jul 2022 | £605,182 | £606,000 | 38 WANSFORD ROAD |
| 8 Apr 2022 | £317,949 | £310,000 | 67 NAVESTOCK CRESCENT |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 6 Feb 2013. Using an estimated price of £317,949 means this house is valued at £3,697 per sq meter (£343 per sq foot).
The average size of a house on NAVESTOCK CRESCENT is 82 sq meters (889 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Orsett Terrace | |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Orsett Terrace |
| Mar 2024 | Anti-social behaviour | On or near Orsett Terrace | |
| Mar 2024 | Vehicle crime | Under investigation | On or near Orsett Terrace |
| Mar 2024 | Anti-social behaviour | On or near Orsett Terrace |