£366,833
This estimated value is based upon the latest sale price for the house of £360,000 on 2 Aug 2024. 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 Grovewood Place
More crime details
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116 High Road, Chigwell, IG7 5BJ
Phone: 02036417907
Price Paid | Date |
---|---|
£360,000 | 2 Aug 2024 |
£535,000 | 15 Feb 2005 |
£340,000 | 19 May 1998 |
£280,000 | 21 Feb 1996 |
Detached |
Freehold |
Floor Area: 211 sq meters or 2,271 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 100.1.
The House Price Index as of 1 Apr 2025 is 102.0 which is a change of 1.898%.Applying this 1.898% change to the original purchase price of £360,000 results in an estimated price of approximately £366,833.
2 Aug 2024 | 1 Apr 2025 | % change | Purchase Price | Gain / Loss | Estimated Price |
100.1 | 102.0 | 1.898 % | £360,000 | £6,833 | £366,833 |
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 | 12.177 % | £43,835 | £403,835 |
3 Month Average | 6.031 % | £21,711 | £381,711 |
6 Month Average | 3.858 % | £13,887 | £373,887 |
This house has a floor area of 211 sq meters or 2,271 sq feet when measured on 5 Mar 2021.
The average size of a house on GROVEWOOD PLACE is 162 sq meters (1,748 sq feet).
This house is the largest in the street with a floor area of 211 sq meters (2,271 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2025 | Burglary | Unable to prosecute suspect | On or near Grovewood Place |
Jan 2025 | Burglary | Under investigation | On or near Grovewood Place |
Mar 2025 | Anti-social behaviour | On or near Love Lane | |
Mar 2025 | Anti-social behaviour | On or near Love Lane | |
Apr 2025 | Violence and sexual offences | Unable to prosecute suspect | On or near Brunel Road |