£298,116
This estimated value is based upon the latest sale price for the house of £230,000 on 14 Mar 2017. 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 |
|---|---|
| £230,000 | 14 Mar 2017 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 46 sq meters or 495 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 March 2017 the House Price Index for GREATER LONDON was 114.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 29.616%.Applying this 29.616% change to the original purchase price of £230,000 results in an estimated price of approximately £298,116.
| 14 Mar 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.6 | 148.6 | 29.616 % | £230,000 | £68,116 | £298,116 |
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 | 30.762 % | £70,752 | £300,752 |
| 3 Month Average | 54.827 % | £126,102 | £356,102 |
| 6 Month Average | 30.157 % | £69,362 | £299,362 |
| 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 46 sq meters or 495 sq feet when measured on 16 Aug 2016. Using an estimated price of £298,117 means this house is valued at £6,480 per sq meter (£602 per sq foot).
The average size of a house on WALLERS CLOSE is 70 sq meters (755 sq feet).
This house is the smallest in the street with a floor area of 46 sq meters (495 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Anti-social behaviour | On or near Cross Road | |
| Dec 2023 | Anti-social behaviour | On or near Cross Road | |
| Dec 2023 | Anti-social behaviour | On or near Cross Road | |
| Dec 2023 | Anti-social behaviour | On or near Cross Road | |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Love Lane |