£644,904
This estimated value is based upon the latest sale price for the house of £425,000 on 27 Jun 2014. 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 |
|---|---|
| £425,000 | 27 Jun 2014 |
| £159,000 | 26 Mar 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 104 sq meters or 1,119 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 June 2014 the House Price Index for GREATER LONDON was 96.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 51.742%.Applying this 51.742% change to the original purchase price of £425,000 results in an estimated price of approximately £644,904.
| 27 Jun 2014 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.7 | 146.7 | 51.742 % | £425,000 | £219,904 | £644,904 |
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 | 42.866 % | £182,180 | £607,180 |
| 3 Month Average | 70.824 % | £301,000 | £726,000 |
| 6 Month Average | 57.647 % | £245,000 | £670,000 |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 11 Jan 2014.
The average size of a house on GALES WAY is 161 sq meters (1,735 sq feet).
This house is the smallest in the street with a floor area of 104 sq meters (1,119 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Public order | Under investigation | On or near Crownhill Road |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Roding Avenue |
| Jan 2024 | Vehicle crime | Under investigation | On or near Vicarage Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Vicarage Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Vicarage Road |