£1,576,157
This estimated value is based upon the latest sale price for the house of £335,000 on 30 Jul 1998. This value is then adjusted by the current Official House Price Index for ESSEX 1
Get our free house price tracker.
22 High Road, Brook Parade, Chigwell, IG7 6PF
Phone: 02035447943
| Price Paid | Date |
|---|---|
| £335,000 | 30 Jul 1998 |
| Detached |
| Freehold |
| Floor Area: 236 sq meters or 2,540 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 July 1998 the House Price Index for ESSEX was 31.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 370.495%.Applying this 370.495% change to the original purchase price of £335,000 results in an estimated price of approximately £1,576,157.
| 30 Jul 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 31.8 | 149.7 | 370.495 % | £335,000 | £1,241,157 | £1,576,157 |
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 | 249.352 % | £835,330 | £1,170,330 |
| 3 Month Average | 359.606 % | £1,204,679 | £1,539,679 |
| 6 Month Average | 342.491 % | £1,147,346 | £1,482,346 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 May 2024 | £1,000,000 | £1,000,000 | 12 LEE GROVE |
| 28 Jun 2023 | £1,629,658 | £1,597,000 | 47 LEE GROVE |
| 28 Sep 2021 | £1,845,468 | £1,700,000 | 12 BROOK WAY |
| 10 Nov 2020 | £1,751,903 | £1,500,000 | 46 CHIGWELL RISE |
| 11 Aug 2020 | £2,132,018 | £1,765,000 | 36 LEE GROVE |
This house has a floor area of 236 sq meters or 2,540 sq feet when measured on 29 Sep 2010. Using an estimated price of £1,576,158 means this house is valued at £6,678 per sq meter (£620 per sq foot).
The average size of a house on LEE GROVE is 222 sq meters (2,396 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Lee Grove |
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Lee Grove |
| Oct 2024 | Other crime | Awaiting court outcome | On or near Chigwell Rise |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Chigwell Rise |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Chigwell Rise |