£607,741
This estimated value is based upon the latest sale price for the house of £401,330 on 18 Aug 2014. 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 |
|---|---|
| £401,330 | 18 Aug 2014 |
| Terraced |
| Freehold |
| Floor Area: 100 sq meters or 1,076 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 2014 the House Price Index for GREATER LONDON was 98.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 51.432%.Applying this 51.432% change to the original purchase price of £401,330 results in an estimated price of approximately £607,741.
| 18 Aug 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.1 | 148.6 | 51.432 % | £401,330 | £206,411 | £607,741 |
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 | 40.908 % | £164,176 | £565,506 |
| 3 Month Average | 50.726 % | £203,579 | £604,909 |
| 6 Month Average | 46.598 % | £187,010 | £588,340 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Jan 2023 | £633,018 | £636,000 | 15 GREENSTEAD GARDENS |
| 19 Jan 2023 | £811,179 | £815,000 | 27 GREENSTEAD GARDENS |
| 18 Jan 2023 | £567,328 | £570,000 | 17 MALDON WALK |
| 27 Oct 2022 | £608,449 | £615,000 | 8 RAYLEIGH ROAD |
| 31 May 2022 | £626,811 | £615,000 | 25 GREENSTEAD GARDENS |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 5 Feb 2014. Using an estimated price of £607,741 means this house is valued at £6,077 per sq meter (£564 per sq foot).
The average size of a house on DANBURY WAY is 108 sq meters (1,167 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Danbury Way | |
| Jan 2024 | Anti-social behaviour | On or near Danbury Way | |
| Jan 2024 | Anti-social behaviour | On or near Danbury Way | |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Danbury Way |
| Jan 2024 | Anti-social behaviour | On or near Greenstead Gardens |