£584,033
This estimated value is based upon the latest sale price for the house of £346,000 on 6 Feb 2013. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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116 High Road, Chigwell, IG7 5BJ
Phone: 02036417907
Price Paid | Date |
---|---|
£346,000 | 6 Feb 2013 |
£307,500 | 25 Apr 2008 |
Detached |
Freehold |
Floor Area: 106 sq meters or 1,140 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 February 2013 the House Price Index for GREATER LONDON was 88.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 68.796%.Applying this 68.796% change to the original purchase price of £346,000 results in an estimated price of approximately £584,033.
6 Feb 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
88.0 | 148.6 | 68.796 % | £346,000 | £238,033 | £584,033 |
The Postcode Pricing Model uses changes in average sales price within the IG6 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 | 173.121 % | £598,999 | £944,999 |
3 Month Average | 79.370 % | £274,621 | £620,621 |
6 Month Average | 75.716 % | £261,976 | £607,976 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Jul 2022 | £636,714 | £635,000 | 276 TOMSWOOD HILL |
25 Feb 2022 | £1,025,623 | £978,000 | 5 NICOLA MEWS |
3 Sep 2021 | £615,413 | £571,100 | 49 COPTHORNE AVENUE |
18 Dec 2020 | £526,514 | £458,750 | 5 AMBER LANE |
30 Nov 2020 | £626,051 | £540,000 | 56 COPTHORNE AVENUE |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 18 Jun 2021. Using an estimated price of £584,033 means this house is valued at £5,509 per sq meter (£511 per sq foot).
The average size of a house on COPTHORNE AVENUE is 103 sq meters (1,114 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Nonsuch Close |
Jan 2024 | Anti-social behaviour | On or near Nonsuch Close | |
Jan 2024 | Anti-social behaviour | On or near Nonsuch Close | |
Jan 2024 | Anti-social behaviour | On or near Nonsuch Close | |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Elderberry Close |