£1,046,099
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 67.3.
The House Price Index as of 1 Mar 2025 is 104.3 which is a change of 54.978%.Applying this 54.978% change to the original purchase price of £675,000 results in an estimated price of approximately £1,046,099.
20 Feb 2015 | 1 Mar 2025 | % change | Purchase Price | Gain / Loss | Estimated Price |
67.3 | 104.3 | 54.978 % | £675,000 | £371,099 | £1,046,099 |
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 | 120.213 % | £811,440 | £1,486,440 |
3 Month Average | 36.849 % | £248,732 | £923,732 |
6 Month Average | 47.273 % | £319,093 | £994,093 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Mar 2024 | £640,532 | £600,000 | 2 COURTWAY |
5 Sep 2023 | £1,493,797 | £1,405,000 | 18 MALVERN DRIVE |
26 May 2023 | £943,364 | £890,000 | 2 KINGSWAY |
26 May 2023 | £858,567 | £810,000 | 90 KINGS AVENUE |
20 Jan 2023 | £698,810 | £670,000 | 8 GREENWAY |
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 £1,046,100 means this house is valued at £7,580 per sq meter (£704 per sq foot).
The average size of a house on KINGS AVENUE is 158 sq meters (1,706 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2025 | Anti-social behaviour | On or near King'S Avenue | |
Apr 2025 | Other theft | Under investigation | On or near King'S Avenue |
Feb 2025 | Other theft | Under investigation | On or near King'S Avenue |
Feb 2025 | Theft from the person | Investigation complete; no suspect identified | On or near King'S Avenue |
Feb 2025 | Vehicle crime | Investigation complete; no suspect identified | On or near Leyland Gardens |