£722,481
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 79.4.
The House Price Index as of 1 Mar 2025 is 104.3 which is a change of 31.360%.Applying this 31.360% change to the original purchase price of £550,000 results in an estimated price of approximately £722,481.
29 Mar 2018 | 1 Mar 2025 | % change | Purchase Price | Gain / Loss | Estimated Price |
79.4 | 104.3 | 31.360 % | £550,000 | £172,481 | £722,481 |
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 | 76.194 % | £419,064 | £969,064 |
3 Month Average | 17.796 % | £97,875 | £647,875 |
6 Month Average | 27.630 % | £151,962 | £701,962 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Sep 2023 | £476,314 | £448,000 | 1 LATCHINGDON GARDENS |
3 Mar 2023 | £528,369 | £500,000 | 75 WALTHAM ROAD |
27 Jan 2023 | £438,060 | £420,000 | 23 LATCHINGDON GARDENS |
23 Sep 2022 | £504,845 | £485,000 | 83 WALTHAM ROAD |
15 Jul 2022 | £358,202 | £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 £722,481 means this house is valued at £5,351 per sq meter (£497 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 |
---|---|---|---|
Apr 2025 | Vehicle crime | Under investigation | On or near Moreton Gardens |
Feb 2025 | Violence and sexual offences | Unable to prosecute suspect | On or near Moreton Gardens |
Jan 2025 | Vehicle crime | Investigation complete; no suspect identified | On or near Moreton Gardens |
Jan 2025 | Violence and sexual offences | Unable to prosecute suspect | On or near Moreton Gardens |
Mar 2025 | Other crime | Under investigation | On or near Meadgate Avenue |