£668,117
This estimated value is based upon the latest sale price for the house of £640,000 on 4 Mar 2022. 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 |
|---|---|
| £640,000 | 4 Mar 2022 |
| £95,000 | 26 May 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 91 sq meters or 979 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 March 2022 the House Price Index for ESSEX was 143.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 4.393%.Applying this 4.393% change to the original purchase price of £640,000 results in an estimated price of approximately £668,117.
| 4 Mar 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 149.7 | 4.393 % | £640,000 | £28,117 | £668,117 |
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 | 2.890 % | £18,498 | £658,498 |
| 3 Month Average | 25.938 % | £166,002 | £806,002 |
| 6 Month Average | 8.828 % | £56,496 | £696,496 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Apr 2024 | £1,765,330 | £1,750,000 | 46 MANOR ROAD |
| 4 Aug 2023 | £684,852 | £672,500 | 4 ST MARYS WAY |
| 15 Jun 2023 | £768,399 | £753,000 | 24 EMMAUS WAY |
| 6 Apr 2023 | £1,936,215 | £1,900,000 | 6 TOMSWOOD ROAD |
| 10 Feb 2023 | £362,421 | £360,000 | FLAT 2 MAYFAIR COURT, 32A MANOR ROAD |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 3 Sep 2021. Using an estimated price of £668,117 means this house is valued at £7,341 per sq meter (£682 per sq foot).
The average size of a house on ELY PLACE is 122 sq meters (1,319 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Nov 2024 | Violence and sexual offences | Under investigation | On or near Emmaus Way |
| Oct 2024 | Anti-social behaviour | On or near Forest Lane | |
| Oct 2024 | Anti-social behaviour | On or near Forest Lane | |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near New Forest Lane |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near New Forest Lane |