£713,624
This estimated value is based upon the latest sale price for the house of £520,000 on 22 Jan 2016. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Oxford Road
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534 Chigwell Road, Woodford Green, IG8 8PA
Phone: 02036414329
Price Paid | Date |
---|---|
£520,000 | 22 Jan 2016 |
Terraced |
Freehold |
Floor Area: 120 sq meters or 1,291 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 January 2016 the House Price Index for GREATER LONDON was 108.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 37.235%.Applying this 37.235% change to the original purchase price of £520,000 results in an estimated price of approximately £713,624.
22 Jan 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
108.3 | 148.6 | 37.235 % | £520,000 | £193,624 | £713,624 |
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 | 25.188 % | £130,979 | £650,979 |
3 Month Average | 37.580 % | £195,413 | £715,413 |
6 Month Average | 29.285 % | £152,282 | £672,282 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Nov 2023 | £710,519 | £700,000 | 184 WEST GROVE |
3 Nov 2023 | £680,068 | £670,000 | 122 WEST GROVE |
29 Apr 2022 | £565,360 | £549,000 | 124 WEST GROVE |
21 Feb 2022 | £547,943 | £522,500 | 166 WEST GROVE |
4 Feb 2022 | £681,651 | £650,000 | 147 WEST GROVE |
This house has a floor area of 120 sq meters or 1,291 sq feet when measured on 7 Jul 2019. Using an estimated price of £713,624 means this house is valued at £5,946 per sq meter (£552 per sq foot).
The average size of a house on WEST GROVE is 89 sq meters (966 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Burglary | Under investigation | On or near Oxford Road |
Jan 2024 | Vehicle crime | Under investigation | On or near Oxford Road |
Dec 2023 | Vehicle crime | Under investigation | On or near Oxford Road |
Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Prospect Road |