£579,162
This estimated value is based upon the latest sale price for the house of £435,000 on 26 Aug 2016. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
Get our free house price tracker.
534 Chigwell Road, Woodford Green, IG8 8PA
Phone: 02036414329
| Price Paid | Date |
|---|---|
| £435,000 | 26 Aug 2016 |
| £250,000 | 19 Nov 2007 |
| £82,000 | 5 Dec 1997 |
| Terraced |
| Freehold |
| Floor Area: 91 sq meters or 979 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 August 2016 the House Price Index for GREATER LONDON was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.141%.Applying this 33.141% change to the original purchase price of £435,000 results in an estimated price of approximately £579,162.
| 26 Aug 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.6 | 33.141 % | £435,000 | £144,162 | £579,162 |
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 | -14.643 % | £-63,698 | £371,301 |
| 3 Month Average | 2.680 % | £11,658 | £446,658 |
| 6 Month Average | 22.604 % | £98,327 | £533,327 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Sep 2023 | £481,152 | £475,000 | 155 UPLANDS ROAD |
| 16 Dec 2021 | £573,187 | £535,000 | 88 CANFIELD ROAD |
| 5 Oct 2021 | £475,786 | £430,000 | 107 UPLANDS ROAD |
| 17 Dec 2020 | £602,550 | £525,000 | 66 CANFIELD ROAD |
| 10 Nov 2020 | £597,067 | £515,000 | 119 CANFIELD ROAD |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 29 Mar 2016. Using an estimated price of £579,162 means this house is valued at £6,364 per sq meter (£591 per sq foot).
The average size of a house on UPLANDS ROAD is 83 sq meters (903 sq feet).