£934,225
This estimated value is based upon the latest sale price for the house of £225,000 on 23 Sep 1999. This value is then adjusted by the current Official House Price Index for ESSEX 1
There have been two burglaries within the last year on or near A113
More crime details
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116 High Road, Chigwell, IG7 5BJ
Phone: 02036417907
Price Paid | Date |
---|---|
£225,000 | 23 Sep 1999 |
Detached |
Freehold |
Floor Area: 186 sq meters or 2,002 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 September 1999 the House Price Index for ESSEX was 35.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 315.211%.Applying this 315.211% change to the original purchase price of £225,000 results in an estimated price of approximately £934,225.
23 Sep 1999 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
35.3 | 146.7 | 315.211 % | £225,000 | £709,225 | £934,225 |
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 | 179.168 % | £403,128 | £628,128 |
3 Month Average | 171.134 % | £385,052 | £610,052 |
6 Month Average | 221.653 % | £498,719 | £723,719 |
This house has a floor area of 186 sq meters or 2,002 sq feet when measured on 1 Mar 2017.
The average size of a house on NEW BARNS WAY is 236 sq meters (2,547 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near A113 |
Dec 2023 | Burglary | Under investigation | On or near A113 |
Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Coolgardie Avenue |
Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Coolgardie Avenue |
Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Coolgardie Avenue |