£1,004,191
This estimated value is based upon the latest sale price for the house of £990,000 on 9 Jun 2022. This value is then adjusted by the current Official House Price Index for ESSEX 1
There has been one burglary within the last year on or near A113
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116 High Road, Chigwell, IG7 5BJ
Phone: 02036417907
Price Paid | Date |
---|---|
£990,000 | 9 Jun 2022 |
£925,000 | 19 Jun 2018 |
Flats/Maisonettes |
Leasehold |
Floor Area: 123 sq meters or 1,323 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 2022 the House Price Index for ESSEX was 146.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.433%.Applying this 1.433% change to the original purchase price of £990,000 results in an estimated price of approximately £1,004,191.
9 Jun 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.5 | 148.6 | 1.433 % | £990,000 | £14,191 | £1,004,191 |
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 | -39.837 % | £-394,386 | £595,613 |
3 Month Average | -21.322 % | £-211,087 | £778,912 |
6 Month Average | -22.837 % | £-226,084 | £763,915 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Nov 2023 | £735,895 | £725,000 | 16 DICKENS RISE |
10 Nov 2023 | £1,157,131 | £1,140,000 | 6 CHIGWELL PARK |
8 Sep 2023 | £506,476 | £500,000 | 2 STATION ROAD |
3 Jul 2023 | £912,278 | £900,000 | 5 KEY WEST COURT, 120 HIGH ROAD |
24 Feb 2023 | £1,399,059 | £1,400,000 | 12 KEY WEST COURT, 120 HIGH ROAD |
This house has a floor area of 123 sq meters or 1,323 sq feet when measured on 15 May 2018. Using an estimated price of £1,004,191 means this house is valued at £8,164 per sq meter (£758 per sq foot).
The average size of a house on HIGH ROAD is 212 sq meters (2,282 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near A113 |
Jan 2024 | Robbery | Under investigation | On or near Chigwell |
Mar 2024 | Robbery | On or near Chigwell (Lu Station) | |
Mar 2024 | Robbery | On or near Chigwell (Lu Station) | |
Jan 2024 | Criminal damage and arson | On or near Chigwell (Lu Station) |