£831,759
This estimated value is based upon the latest sale price for the house of £670,000 on 19 Oct 2018. 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 |
---|---|
£670,000 | 19 Oct 2018 |
£420,000 | 6 Jan 2012 |
£285,000 | 9 Aug 2007 |
Semi-Detached |
Freehold |
Floor Area: 123 sq meters or 1,330 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 2018 the House Price Index for GREATER LONDON was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.143%.Applying this 24.143% change to the original purchase price of £670,000 results in an estimated price of approximately £831,759.
19 Oct 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.6 | 149.7 | 24.143 % | £670,000 | £161,759 | £831,759 |
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 | 1.193 % | £7,993 | £677,993 |
3 Month Average | 4.050 % | £27,137 | £697,137 |
6 Month Average | 7.027 % | £47,077 | £717,077 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Dec 2023 | £361,096 | £350,000 | 63 FINCHINGFIELD AVENUE |
13 Oct 2023 | £424,645 | £415,000 | 3 ROXWELL WAY |
1 Sep 2023 | £608,412 | £595,000 | 57 FINCHINGFIELD AVENUE |
25 Aug 2023 | £519,367 | £510,000 | 78 FINCHINGFIELD AVENUE |
23 Jun 2023 | £627,577 | £615,000 | 54 FINCHINGFIELD AVENUE |
This house has a floor area of 123 sq meters or 1,330 sq feet when measured on 4 Aug 2011. Using an estimated price of £831,759 means this house is valued at £6,730 per sq meter (£625 per sq foot).
The average size of a house on FINCHINGFIELD AVENUE is 90 sq meters (971 sq feet).