£350,045
This estimated value is based upon the latest sale price for the house of £310,000 on 9 Apr 2021. 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 |
|---|---|
| £310,000 | 9 Apr 2021 |
| £200,000 | 13 Jun 2013 |
| £192,500 | 5 Nov 2007 |
| £149,000 | 12 Jan 2004 |
| £69,000 | 7 Jan 2000 |
| £55,000 | 6 Nov 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 75 sq meters or 807 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 April 2021 the House Price Index for GREATER LONDON was 131.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 12.918%.Applying this 12.918% change to the original purchase price of £310,000 results in an estimated price of approximately £350,045.
| 9 Apr 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 131.6 | 148.6 | 12.918 % | £310,000 | £40,045 | £350,045 |
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 | -26.641 % | £-82,587 | £227,412 |
| 3 Month Average | 0.033 % | £103 | £310,103 |
| 6 Month Average | -0.435 % | £-1,349 | £308,650 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Aug 2023 | £232,030 | £230,000 | 12 CHAPELMOUNT ROAD |
| 30 Mar 2023 | £282,663 | £280,000 | 5 ELM COURT LOVE LANE |
| 3 Mar 2023 | £297,806 | £295,000 | 1 LOVE LANE |
| 24 Feb 2023 | £399,731 | £400,000 | 3 CHAPELMOUNT ROAD |
| 6 Jan 2023 | £283,664 | £285,000 | 10 ELM COURT LOVE LANE |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 6 Dec 2012. Using an estimated price of £350,046 means this house is valued at £4,667 per sq meter (£433 per sq foot).
The average size of a house on CROSS ROAD is 85 sq meters (922 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Love Lane |