£543,495
This estimated value is based upon the latest sale price for the house of £313,000 on 9 Dec 2011. 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 |
---|---|
£313,000 | 9 Dec 2011 |
Semi-Detached |
Freehold |
Floor Area: 83 sq meters or 897 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 December 2011 the House Price Index for GREATER LONDON was 86.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.641%.Applying this 73.641% change to the original purchase price of £313,000 results in an estimated price of approximately £543,495.
9 Dec 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.2 | 149.7 | 73.641 % | £313,000 | £230,495 | £543,495 |
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 | 87.303 % | £273,259 | £586,259 |
3 Month Average | 84.359 % | £264,042 | £577,042 |
6 Month Average | 65.515 % | £205,063 | £518,063 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Dec 2023 | £361,096 | £350,000 | 63 FINCHINGFIELD AVENUE |
13 Oct 2023 | £424,645 | £415,000 | 3 ROXWELL WAY |
1 Sep 2023 | £608,412 | £595,000 | 57 FINCHINGFIELD AVENUE |
23 Jun 2023 | £627,577 | £615,000 | 54 FINCHINGFIELD AVENUE |
18 Jan 2023 | £571,527 | £570,000 | 17 MALDON WALK |
This house has a floor area of 83 sq meters or 897 sq feet when measured on 17 Mar 2010. Using an estimated price of £543,496 means this house is valued at £6,516 per sq meter (£605 per sq foot).
The average size of a house on GREENSTEAD AVENUE is 105 sq meters (1,133 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Roxwell Way |
Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Greenstead Avenue |
Nov 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Finchingfield Avenue |
Oct 2024 | Drugs | Unable to prosecute suspect | On or near Finchingfield Avenue |
Oct 2024 | Drugs | Under investigation | On or near Finchingfield Avenue |