£1,004,995
This estimated value is based upon the latest sale price for the house of £675,000 on 20 Feb 2015. 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 |
|---|---|
| £675,000 | 20 Feb 2015 |
| £161,000 | 8 Sep 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 138 sq meters or 1,485 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 February 2015 the House Price Index for GREATER LONDON was 100.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 48.888%.Applying this 48.888% change to the original purchase price of £675,000 results in an estimated price of approximately £1,004,995.
| 20 Feb 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.5 | 149.7 | 48.888 % | £675,000 | £329,995 | £1,004,995 |
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 | 57.872 % | £390,634 | £1,065,634 |
| 3 Month Average | 42.906 % | £289,613 | £964,613 |
| 6 Month Average | 41.574 % | £280,626 | £955,626 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Nov 2024 | £865,000 | £865,000 | 98 KINGS AVENUE |
| 29 Jul 2024 | £1,100,000 | £1,100,000 | 25 MALVERN DRIVE |
| 26 Jul 2024 | £865,000 | £865,000 | 50 KINGS AVENUE |
| 12 Mar 2024 | £609,362 | £600,000 | 2 COURTWAY |
| 5 Sep 2023 | £1,436,670 | £1,405,000 | 18 MALVERN DRIVE |
This house has a floor area of 138 sq meters or 1,485 sq feet when measured on 6 Oct 2014. Using an estimated price of £1,004,995 means this house is valued at £7,282 per sq meter (£676 per sq foot).
The average size of a house on KINGS AVENUE is 158 sq meters (1,706 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Anti-social behaviour | On or near Courtway | |
| Aug 2024 | Anti-social behaviour | On or near Courtway | |
| Aug 2024 | Anti-social behaviour | On or near Courtway | |
| Aug 2024 | Anti-social behaviour | On or near Courtway | |
| Oct 2024 | Drugs | Unable to prosecute suspect | On or near Fairway |