£579,142
This estimated value is based upon the latest sale price for the house of £335,000 on 28 Oct 2011. 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 |
---|---|
£335,000 | 28 Oct 2011 |
Terraced |
Freehold |
Floor Area: 89 sq meters or 963 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 October 2011 the House Price Index for GREATER LONDON was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.878%.Applying this 72.878% change to the original purchase price of £335,000 results in an estimated price of approximately £579,142.
28 Oct 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.0 | 148.6 | 72.878 % | £335,000 | £244,142 | £579,142 |
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 | 90.515 % | £303,224 | £638,224 |
3 Month Average | 75.923 % | £254,343 | £589,343 |
6 Month Average | 64.796 % | £217,065 | £552,065 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Nov 2023 | £705,546 | £695,100 | 222 PROSPECT ROAD |
1 Sep 2023 | £607,771 | £600,000 | 11 CROSSWAY |
28 Apr 2023 | £770,799 | £762,500 | 11 HEATHWAY |
28 Mar 2023 | £560,279 | £555,000 | 68 HILLSIDE AVENUE |
27 Mar 2023 | £691,515 | £685,000 | 36 HAWTHORN ROAD |
This house has a floor area of 89 sq meters or 963 sq feet when measured on 7 Jun 2011. Using an estimated price of £579,142 means this house is valued at £6,473 per sq meter (£601 per sq foot).
The average size of a house on RIDGEWAY is 122 sq meters (1,313 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Ridgeway |
Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Meadway |
Dec 2023 | Other theft | Under investigation | On or near Meadway |
Dec 2023 | Vehicle crime | Under investigation | On or near Prospect Road |
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Hillside Avenue |