£465,348
This estimated value is based upon the latest sale price for the house of £353,500 on 18 Jan 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 |
---|---|
£353,500 | 18 Jan 2017 |
£255,000 | 1 Aug 2013 |
£156,000 | 25 Nov 2002 |
£95,000 | 25 Apr 2002 |
Flats/Maisonettes |
Leasehold |
Floor Area: 74 sq meters or 796 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 2017 the House Price Index for GREATER LONDON was 113.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 31.640%.Applying this 31.640% change to the original purchase price of £353,500 results in an estimated price of approximately £465,348.
18 Jan 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
113.7 | 149.7 | 31.640 % | £353,500 | £111,848 | £465,348 |
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 | 11.657 % | £41,206 | £394,706 |
3 Month Average | 15.352 % | £54,269 | £407,769 |
6 Month Average | 12.412 % | £43,877 | £397,377 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £701,557 | £680,000 | 28 FINCHINGFIELD AVENUE |
8 Dec 2023 | £309,511 | £300,000 | FLAT 4 BEECH OAK COURT, 156 SNAKES LANE EAST |
15 Aug 2023 | £779,051 | £765,000 | 75 BRACKLEY SQUARE |
4 Aug 2023 | £672,122 | £660,000 | 107 BRACKLEY SQUARE |
9 Nov 2022 | £472,789 | £475,000 | 166 SNAKES LANE EAST |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 25 Mar 2013. Using an estimated price of £465,348 means this house is valued at £6,288 per sq meter (£584 per sq foot).
The average size of a house on FINCHINGFIELD AVENUE is 90 sq meters (971 sq feet).