£1,029,565
This estimated value is based upon the latest sale price for the house of £770,000 on 7 Apr 2016. This value is then adjusted by the current Official House Price Index for ESSEX 1
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22 High Road, Brook Parade, Chigwell, IG7 6PF
Phone: 02035447943
| Price Paid | Date |
|---|---|
| £770,000 | 7 Apr 2016 |
| £550,000 | 4 Oct 2004 |
| Detached |
| Freehold |
| Floor Area: 171 sq meters or 1,840 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 April 2016 the House Price Index for ESSEX was 109.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 33.710%.Applying this 33.710% change to the original purchase price of £770,000 results in an estimated price of approximately £1,029,565.
| 7 Apr 2016 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 109.7 | 146.7 | 33.710 % | £770,000 | £259,565 | £1,029,565 |
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 | -16.684 % | £-128,470 | £641,529 |
| 3 Month Average | -17.878 % | £-137,660 | £632,339 |
| 6 Month Average | -5.009 % | £-38,567 | £731,432 |
This house has a floor area of 171 sq meters or 1,840 sq feet when measured on 23 Mar 2016.
The average size of a house on CHIGWELL RISE is 238 sq meters (2,563 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Drugs | Under investigation | On or near High Road |
| Mar 2024 | Robbery | Under investigation | On or near Lee Grove |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Lee Grove |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Dickens Rise |
| Dec 2023 | Violence and sexual offences | Awaiting court outcome | On or near Dickens Rise |