£922,222
This estimated value is based upon the latest sale price for the house of £540,000 on 28 Sep 2010. This value is then adjusted by the current Official House Price Index for ESSEX 1
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186 MANOR ROAD, Chigwell, IG7 5PZ
Phone: 02034630333
| Price Paid | Date |
|---|---|
| £540,000 | 28 Sep 2010 |
| Detached |
| Freehold |
| Floor Area: 141 sq meters or 1,523 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 2010 the House Price Index for ESSEX was 87.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.782%.Applying this 70.782% change to the original purchase price of £540,000 results in an estimated price of approximately £922,222.
| 28 Sep 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.7 | 149.7 | 70.782 % | £540,000 | £382,222 | £922,222 |
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 | 18.507 % | £99,938 | £639,938 |
| 3 Month Average | 63.649 % | £343,705 | £883,705 |
| 6 Month Average | 65.933 % | £356,036 | £896,036 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jul 2024 | £915,000 | £915,000 | 49 GRANGE CRESCENT |
| 10 Nov 2023 | £520,205 | £507,000 | 47 HIGH MEADOWS |
| 18 Oct 2023 | £920,916 | £900,000 | 9 OAK LODGE AVENUE |
| 27 Mar 2023 | £533,916 | £525,000 | 19 HIGH MEADOWS |
| 17 Aug 2022 | £778,641 | £775,000 | 33 OAK LODGE AVENUE |
This house has a floor area of 141 sq meters or 1,523 sq feet when measured on 13 Mar 2010. Using an estimated price of £922,222 means this house is valued at £6,513 per sq meter (£605 per sq foot).
The average size of a house on OAK LODGE AVENUE is 143 sq meters (1,540 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Oak Lodge Avenue |
| Jul 2024 | Other theft | Awaiting court outcome | On or near Oak Lodge Avenue |
| Aug 2024 | Burglary | Awaiting court outcome | On or near View Close |
| Oct 2024 | Violence and sexual offences | Awaiting court outcome | On or near Grange Crescent |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Grange Crescent |