£527,484
This estimated value is based upon the latest sale price for the house of £181,000 on 10 May 2002. 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 |
---|---|
£181,000 | 10 May 2002 |
Semi-Detached |
Freehold |
Floor Area: 11 sq meters or 125 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 May 2002 the House Price Index for GREATER LONDON was 51.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 191.428%.Applying this 191.428% change to the original purchase price of £181,000 results in an estimated price of approximately £527,484.
10 May 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
51.0 | 148.6 | 191.428 % | £181,000 | £346,484 | £527,484 |
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 | 209.708 % | £379,570 | £560,570 |
3 Month Average | 203.084 % | £367,581 | £548,581 |
6 Month Average | 180.260 % | £326,271 | £507,271 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Dec 2023 | £356,233 | £350,000 | 63 FINCHINGFIELD AVENUE |
1 Sep 2023 | £602,706 | £595,000 | 57 FINCHINGFIELD AVENUE |
23 Jun 2023 | £622,541 | £615,000 | 54 FINCHINGFIELD AVENUE |
18 Jan 2023 | £567,328 | £570,000 | 17 MALDON WALK |
6 Apr 2022 | £576,687 | £560,000 | 10 ROXWELL WAY |
This house has a floor area of 11 sq meters or 125 sq feet when measured on 28 May 2010. Using an estimated price of £527,484 means this house is valued at £45,161 per sq meter (£4,195 per sq foot).
The average size of a house on GREENSTEAD AVENUE is 105 sq meters (1,133 sq feet).
This house is the smallest in the street with a floor area of 11 sq meters (125 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Greenstead Avenue |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Finchingfield Avenue |
Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Rayleigh Road |
Jan 2024 | Anti-social behaviour | On or near Langford Road | |
Jan 2024 | Anti-social behaviour | On or near Langford Road |