£509,932
This estimated value is based upon the latest sale price for the house of £431,500 on 19 Oct 2020. 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 |
---|---|
£431,500 | 19 Oct 2020 |
£185,000 | 27 Mar 2002 |
£117,000 | 22 Aug 1997 |
Terraced |
Freehold |
Floor Area: 125 sq meters or 1,345 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 October 2020 the House Price Index for ESSEX was 126.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 18.177%.Applying this 18.177% change to the original purchase price of £431,500 results in an estimated price of approximately £509,932.
19 Oct 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
126.7 | 149.7 | 18.177 % | £431,500 | £78,432 | £509,932 |
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 | -14.074 % | £-60,727 | £370,772 |
3 Month Average | 0.557 % | £2,404 | £433,904 |
6 Month Average | 3.659 % | £15,790 | £447,290 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Sep 2024 | £450,000 | £450,000 | 2 REGENCY CLOSE |
20 Sep 2023 | £276,086 | £270,000 | 10 COBDENS LIMES AVENUE |
17 Aug 2022 | £438,551 | £436,500 | 721 COPPERFIELD |
29 Apr 2022 | £477,214 | £460,000 | 610 LIMES AVENUE |
30 Sep 2021 | £488,506 | £450,000 | 37 LIMES AVENUE |
This house has a floor area of 125 sq meters or 1,345 sq feet when measured on 30 Jun 2020. Using an estimated price of £509,932 means this house is valued at £4,079 per sq meter (£378 per sq foot).
The average size of a house on REGENCY CLOSE is 134 sq meters (1,444 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Regency Close |
Aug 2024 | Violence and sexual offences | Under investigation | On or near Regency Close |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Regency Close |
Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Clayside |
Aug 2024 | Robbery | Investigation complete; no suspect identified | On or near Orange Grove |