£773,154
This estimated value is based upon the latest sale price for the house of £610,000 on 29 Sep 2017. 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 |
|---|---|
| £610,000 | 29 Sep 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 98 sq meters or 1,054 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 September 2017 the House Price Index for GREATER LONDON was 117.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.747%.Applying this 26.747% change to the original purchase price of £610,000 results in an estimated price of approximately £773,154.
| 29 Sep 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.2 | 148.6 | 26.747 % | £610,000 | £163,154 | £773,154 |
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 | -29.794 % | £-181,742 | £428,257 |
| 3 Month Average | -6.244 % | £-38,090 | £571,909 |
| 6 Month Average | 7.447 % | £45,426 | £655,426 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Jan 2023 | £298,593 | £300,000 | 5A REX PARADE |
| 21 Feb 2022 | £635,509 | £606,000 | 20 EWANRIGG TERRACE |
| 30 Nov 2021 | £730,022 | £675,000 | 19 MADEIRA GROVE |
| 12 Feb 2021 | £681,131 | £600,000 | 16 EWANRIGG TERRACE |
| 10 Jun 2020 | £290,644 | £240,000 | 56B PROSPECT ROAD |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 24 Mar 2017. Using an estimated price of £773,154 means this house is valued at £7,889 per sq meter (£732 per sq foot).
The average size of a house on EWANRIGG TERRACE is 113 sq meters (1,217 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Claremont Grove | |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Claremont Grove |
| Jan 2024 | Theft from the person | Under investigation | On or near Claremont Grove |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Claremont Grove |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Frankland Close |