£1,061,534
This estimated value is based upon the latest sale price for the house of £889,250 on 20 Jul 2020. 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 |
---|---|
£889,250 | 20 Jul 2020 |
£180,000 | 17 Jun 1999 |
Semi-Detached |
Freehold |
Floor Area: 125 sq meters or 1,354 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 July 2020 the House Price Index for ESSEX was 122.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 19.374%.Applying this 19.374% change to the original purchase price of £889,250 results in an estimated price of approximately £1,061,534.
20 Jul 2020 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
122.9 | 146.7 | 19.374 % | £889,250 | £172,284 | £1,061,534 |
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 | 42.064 % | £374,050 | £1,263,300 |
3 Month Average | 39.166 % | £348,284 | £1,237,534 |
6 Month Average | 16.184 % | £143,919 | £1,033,169 |
This house has a floor area of 125 sq meters or 1,354 sq feet when measured on 24 Sep 2011.
The average size of a house on TURPINS LANE is 119 sq meters (1,283 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Robbery | Unable to prosecute suspect | On or near Turpin'S Lane |
Dec 2023 | Robbery | Unable to prosecute suspect | On or near Turpin'S Lane |
Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Turpin'S Lane |
Jan 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near B173 |
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near B173 |