£922,733
This estimated value is based upon the latest sale price for the house of £850,000 on 2 Sep 2021. 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 |
|---|---|
| £850,000 | 2 Sep 2021 |
| Detached |
| Freehold |
| Floor Area: 133 sq meters or 1,431 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 September 2021 the House Price Index for ESSEX was 137.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.557%.Applying this 8.557% change to the original purchase price of £850,000 results in an estimated price of approximately £922,733.
| 2 Sep 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 149.7 | 8.557 % | £850,000 | £72,733 | £922,733 |
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 | 8.123 % | £69,046 | £919,046 |
| 3 Month Average | 35.810 % | £304,382 | £1,154,382 |
| 6 Month Average | -9.624 % | £-81,799 | £768,200 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Aug 2023 | £789,235 | £775,000 | 6 LECHMERE AVENUE |
| 23 Jun 2023 | £1,259,235 | £1,234,000 | 69 HAINAULT ROAD |
| 22 Mar 2023 | £729,686 | £717,500 | 50 LECHMERE AVENUE |
| 24 Feb 2023 | £2,365,804 | £2,350,000 | 118 HAINAULT ROAD |
| 17 Feb 2022 | £1,954,446 | £1,850,000 | 130 HAINAULT ROAD |
This house has a floor area of 133 sq meters or 1,431 sq feet when measured on 14 Jul 2021. Using an estimated price of £922,734 means this house is valued at £6,937 per sq meter (£644 per sq foot).
There is one other house on the street which we know the size of, this is 4 LINKSIDE it is 158.0
| 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 | Public order | Unable to prosecute suspect | On or near Petrol Station |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Petrol Station |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Petrol Station |