£1,505,163
This estimated value is based upon the latest sale price for the house of £1,475,000 on 16 Jun 2023. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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116 High Road, Chigwell, IG7 5BJ
Phone: 02036417907
| Price Paid | Date |
|---|---|
| £1,475,000 | 16 Jun 2023 |
| £875,000 | 8 Aug 2003 |
| £574,000 | 20 Nov 2000 |
| Detached |
| Freehold |
| Floor Area: 196 sq meters or 2,109 sq feet |
This model uses changes in the Official Land Registry House Price Index for GREATER LONDON to estimate the market value.
When this house was purchased in June 2023 the House Price Index for GREATER LONDON was 146.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.045%.Applying this 2.045% change to the original purchase price of £1,475,000 results in an estimated price of approximately £1,505,163.
| 16 Jun 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.7 | 149.7 | 2.045 % | £1,475,000 | £30,163 | £1,505,163 |
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 | 20.020 % | £295,299 | £1,770,299 |
| 3 Month Average | -4.402 % | £-64,925 | £1,410,074 |
| 6 Month Average | -3.374 % | £-49,767 | £1,425,232 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Jun 2023 | £1,301,074 | £1,275,000 | 9 BRANDESBURY SQUARE |
| 16 Jun 2023 | £1,505,164 | £1,475,000 | 23 CLARENCE GATE |
| 17 Aug 2022 | £572,678 | £570,000 | FLAT 1 CHELTENHAM HOUSE THE BOULEVARD |
| 13 May 2022 | £1,016,481 | £990,000 | 14 BRANDESBURY SQUARE |
| 19 Jul 2021 | £943,585 | £815,000 | 6 CHAPEL MEWS |
This house has a floor area of 196 sq meters or 2,109 sq feet when measured on 19 Apr 2019. Using an estimated price of £1,505,164 means this house is valued at £7,679 per sq meter (£713 per sq foot).
The average size of a house on CLARENCE GATE is 234 sq meters (2,529 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Brandesbury Square |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Boulevard |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Boulevard |
| Aug 2024 | Public order | Under investigation | On or near The Boulevard |
| Jul 2024 | Public order | Unable to prosecute suspect | On or near The Boulevard |