£694,345
This estimated value is based upon the latest sale price for the house of £550,000 on 29 Mar 2018. 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 |
|---|---|
| £550,000 | 29 Mar 2018 |
| £96,000 | 2 Dec 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 135 sq meters or 1,453 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 March 2018 the House Price Index for GREATER LONDON was 118.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.245%.Applying this 26.245% change to the original purchase price of £550,000 results in an estimated price of approximately £694,345.
| 29 Mar 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.6 | 149.7 | 26.245 % | £550,000 | £144,345 | £694,345 |
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 | 26.314 % | £144,726 | £694,726 |
| 3 Month Average | 23.009 % | £126,547 | £676,547 |
| 6 Month Average | 22.691 % | £124,799 | £674,799 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £458,098 | £448,000 | 1 LATCHINGDON GARDENS |
| 3 Mar 2023 | £508,492 | £500,000 | 75 WALTHAM ROAD |
| 27 Jan 2023 | £421,125 | £420,000 | 23 LATCHINGDON GARDENS |
| 23 Sep 2022 | £484,676 | £485,000 | 83 WALTHAM ROAD |
| 15 Jul 2022 | £343,441 | £340,000 | 19 LATCHINGDON GARDENS |
This house has a floor area of 135 sq meters or 1,453 sq feet when measured on 14 Jan 2016. Using an estimated price of £694,345 means this house is valued at £5,143 per sq meter (£477 per sq foot).
The average size of a house on WALTHAM ROAD is 81 sq meters (879 sq feet).
This house is the largest in the street with a floor area of 135 sq meters (1,453 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Nov 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Moreton Gardens |
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Moreton Gardens |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Moreton Gardens |
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Moreton Gardens |
| Nov 2024 | Violence and sexual offences | Under investigation | On or near Meadgate Avenue |