£419,467
This estimated value is based upon the latest sale price for the house of £92,500 on 16 Jul 1999. 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 |
---|---|
£92,500 | 16 Jul 1999 |
£60,000 | 17 Oct 1997 |
Flats/Maisonettes |
Leasehold |
Floor Area: 59 sq meters or 645 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 July 1999 the House Price Index for GREATER LONDON was 23.0.
The House Price Index as of 1 Mar 2025 is 104.3 which is a change of 353.478%.Applying this 353.478% change to the original purchase price of £92,500 results in an estimated price of approximately £419,467.
16 Jul 1999 | 1 Mar 2025 | % change | Purchase Price | Gain / Loss | Estimated Price |
23.0 | 104.3 | 353.478 % | £92,500 | £326,967 | £419,467 |
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 | 583.037 % | £539,309 | £631,809 |
3 Month Average | 352.554 % | £326,112 | £418,612 |
6 Month Average | 378.479 % | £350,093 | £442,593 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Feb 2025 | £2,107,327 | £2,075,000 | 21 KINGS AVENUE |
9 Sep 2024 | £1,705,106 | £1,625,000 | 12 KINGS AVENUE |
9 Jan 2023 | £312,900 | £300,000 | 5A REX PARADE |
29 Nov 2022 | £1,301,158 | £1,255,000 | 17A KINGS AVENUE |
20 Jun 2022 | £399,107 | £375,000 | 8A JUBILEE PARADE |
This house has a floor area of 59 sq meters or 645 sq feet when measured on 2 Jun 2010. Using an estimated price of £419,467 means this house is valued at £6,994 per sq meter (£649 per sq foot).
The average size of a house on MADEIRA GROVE is 90 sq meters (976 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2025 | Vehicle crime | Investigation complete; no suspect identified | On or near Madeira Grove |
Mar 2025 | Robbery | Investigation complete; no suspect identified | On or near Madeira Grove |
Mar 2025 | Other theft | Under investigation | On or near Madeira Grove |
Mar 2025 | Vehicle crime | Investigation complete; no suspect identified | On or near Madeira Grove |
Feb 2025 | Anti-social behaviour | On or near Madeira Grove |