£694,563
This estimated value is based upon the latest sale price for the house of £400,000 on 6 Dec 2011. 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 |
|---|---|
| £400,000 | 6 Dec 2011 |
| £412,000 | 29 Oct 2010 |
| £305,000 | 24 Apr 2003 |
| Detached |
| Freehold |
| Floor Area: 125 sq meters or 1,352 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 December 2011 the House Price Index for ESSEX was 86.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.641%.Applying this 73.641% change to the original purchase price of £400,000 results in an estimated price of approximately £694,563.
| 6 Dec 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.2 | 149.7 | 73.641 % | £400,000 | £294,563 | £694,563 |
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 | 57.328 % | £229,312 | £629,312 |
| 3 Month Average | 94.179 % | £376,716 | £776,716 |
| 6 Month Average | 74.235 % | £296,940 | £696,940 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Nov 2023 | £341,160 | £332,500 | 20 SHRUBLANDS CLOSE |
| 11 Feb 2022 | £596,898 | £565,000 | 255 FENCEPIECE ROAD |
| 2 Sep 2021 | £922,734 | £850,000 | 3 LINKSIDE |
| 30 Jun 2021 | £349,660 | £323,500 | 19 SHRUBLANDS CLOSE |
| 25 Jun 2021 | £799,841 | £740,000 | 251 FENCEPIECE ROAD |
This house has a floor area of 125 sq meters or 1,352 sq feet when measured on 16 Mar 2009. Using an estimated price of £694,563 means this house is valued at £5,526 per sq meter (£513 per sq foot).
The average size of a house on FENCEPIECE ROAD is 143 sq meters (1,541 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Petrol Station |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Petrol Station |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Petrol Station |
| Sep 2024 | Public order | Unable to prosecute suspect | On or near Petrol Station |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Petrol Station |