£715,165
This estimated value is based upon the latest sale price for the house of £415,000 on 27 Nov 2009. This value is then adjusted by the current Official House Price Index for ESSEX 1
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116 High Road, Chigwell, IG7 5BJ
Phone: 02036417907
| Price Paid | Date |
|---|---|
| £415,000 | 27 Nov 2009 |
| Detached |
| Freehold |
| Floor Area: 158 sq meters or 1,702 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 November 2009 the House Price Index for ESSEX was 85.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 72.329%.Applying this 72.329% change to the original purchase price of £415,000 results in an estimated price of approximately £715,165.
| 27 Nov 2009 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.1 | 146.7 | 72.329 % | £415,000 | £300,165 | £715,165 |
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 | 112.905 % | £468,554 | £883,554 |
| 3 Month Average | 48.300 % | £200,443 | £615,443 |
| 6 Month Average | 67.319 % | £279,374 | £694,374 |
This house has a floor area of 158 sq meters or 1,702 sq feet when measured on 28 Jul 2009.
The average size of a house on EMMAUS WAY is 138 sq meters (1,494 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Emmaus Way |
| Dec 2023 | Vehicle crime | Under investigation | On or near Emmaus Way |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Forest Avenue |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Forest Avenue |
| Mar 2024 | Burglary | Under investigation | On or near Forest Lane |