£3,466,163
This estimated value is based upon the latest sale price for the house of £3,300,000 on 22 Aug 2024. 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 Stradbroke Drive
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116 High Road, Chigwell, IG7 5BJ
Phone: 02036417907
Price Paid | Date |
---|---|
£3,300,000 | 22 Aug 2024 |
£1,950,000 | 22 Feb 2008 |
£1,760,000 | 14 Jul 2006 |
£1,050,000 | 9 Sep 2002 |
Detached |
Freehold |
Floor Area: 375 sq meters or 4,036 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 August 2024 the House Price Index for ESSEX was 99.3.
The House Price Index as of 1 Mar 2025 is 104.3 which is a change of 5.035%.Applying this 5.035% change to the original purchase price of £3,300,000 results in an estimated price of approximately £3,466,163.
22 Aug 2024 | 1 Mar 2025 | % change | Purchase Price | Gain / Loss | Estimated Price |
99.3 | 104.3 | 5.035 % | £3,300,000 | £166,163 | £3,466,163 |
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 | 0.811 % | £26,758 | £3,326,758 |
3 Month Average | -5.072 % | £-167,382 | £3,132,617 |
6 Month Average | -0.496 % | £-16,367 | £3,283,632 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Aug 2024 | £3,938,822 | £3,750,000 | 68 MANOR ROAD |
22 Aug 2024 | £3,466,163 | £3,300,000 | 11 STRADBROKE DRIVE |
12 Sep 2023 | £2,498,522 | £2,350,000 | 25 STRADBROKE DRIVE |
15 Mar 2023 | £4,755,319 | £4,500,000 | 56 MANOR ROAD |
17 Jan 2023 | £886,550 | £850,000 | FLAT 2 GAINSBOROUGH HOUSE BRANDESBURY SQUARE |
This house has a floor area of 375 sq meters or 4,036 sq feet when measured on 16 Jul 2012. Using an estimated price of £3,466,163 means this house is valued at £9,243 per sq meter (£858 per sq foot).
The average size of a house on STRADBROKE DRIVE is 526 sq meters (5,668 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2025 | Burglary | Investigation complete; no suspect identified | On or near Stradbroke Drive |
Feb 2025 | Vehicle crime | Investigation complete; no suspect identified | On or near Stradbroke Park |
Apr 2025 | Violence and sexual offences | Under investigation | On or near Tomswood Hill |
Mar 2025 | Burglary | Investigation complete; no suspect identified | On or near New Forest Lane |
Mar 2025 | Burglary | Investigation complete; no suspect identified | On or near New Forest Lane |