£1,014,469
This estimated value is based upon the latest sale price for the house of £660,000 on 12 Jun 2014. This value is then adjusted by the current Official House Price Index for ESSEX 1
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116 High Road, Chigwell, IG7 5BJ
Phone: 02036417907
| Price Paid | Date |
|---|---|
| £660,000 | 12 Jun 2014 |
| £285,000 | 21 Feb 2002 |
| Detached |
| Freehold |
| Floor Area: 154 sq meters or 1,658 sq feet |
This model uses changes in the Official Land Registry House Price Index for ESSEX to estimate the market value.
When this house was purchased in June 2014 the House Price Index for ESSEX was 96.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 53.707%.Applying this 53.707% change to the original purchase price of £660,000 results in an estimated price of approximately £1,014,469.
| 12 Jun 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.7 | 148.6 | 53.707 % | £660,000 | £354,469 | £1,014,469 |
The Postcode Pricing Model uses changes in average sales price within the IG7 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 | 34.334 % | £226,603 | £886,603 |
| 3 Month Average | -2.313 % | £-15,265 | £644,734 |
| 6 Month Average | 12.286 % | £81,084 | £741,084 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £890,582 | £875,000 | 47 CHIGWELL PARK DRIVE |
| 18 Aug 2023 | £1,190,414 | £1,180,000 | 4 CHIGWELL PARK DRIVE |
| 8 Aug 2023 | £837,325 | £830,000 | 26 COOLGARDIE AVENUE |
| 25 Jul 2023 | £1,206,235 | £1,190,000 | 25 LYNDHURST RISE |
| 8 Mar 2023 | £839,913 | £832,000 | 43 CHIGWELL PARK DRIVE |
This house has a floor area of 154 sq meters or 1,658 sq feet when measured on 7 Jan 2012. Using an estimated price of £1,014,469 means this house is valued at £6,583 per sq meter (£611 per sq foot).
The average size of a house on CHIGWELL PARK DRIVE is 131 sq meters (1,419 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Great Owl Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lyndhurst Rise |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Tudor Close |
| Feb 2024 | Vehicle crime | Under investigation | On or near Barnaby Way |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Luxborough Lane |