£351,501
This estimated value is based upon the latest sale price for the house of £275,000 on 24 Jan 2020. 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 |
---|---|
£275,000 | 24 Jan 2020 |
£173,000 | 12 Oct 2012 |
£166,500 | 9 Aug 2010 |
£146,500 | 6 Nov 2003 |
£146,500 | 6 Nov 2003 |
Flats/Maisonettes |
Leasehold |
Floor Area: 66 sq meters or 710 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 January 2020 the House Price Index for GREATER LONDON was 81.6.
The House Price Index as of 1 Mar 2025 is 104.3 which is a change of 27.819%.Applying this 27.819% change to the original purchase price of £275,000 results in an estimated price of approximately £351,501.
24 Jan 2020 | 1 Mar 2025 | % change | Purchase Price | Gain / Loss | Estimated Price |
81.6 | 104.3 | 27.819 % | £275,000 | £76,501 | £351,501 |
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 | 127.003 % | £349,258 | £624,258 |
3 Month Average | 15.939 % | £43,833 | £318,833 |
6 Month Average | 23.005 % | £63,263 | £338,263 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Aug 2024 | £530,428 | £505,000 | 8 BRUNEL ROAD |
2 Aug 2024 | £378,127 | £360,000 | 19 GROVEWOOD PLACE |
28 Mar 2024 | £597,830 | £560,000 | 31 BRUNEL ROAD |
11 May 2023 | £540,579 | £510,000 | 32 BRUNEL ROAD |
4 May 2023 | £863,867 | £815,000 | 7 GROVEWOOD PLACE |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 31 Oct 2018. Using an estimated price of £351,501 means this house is valued at £5,325 per sq meter (£494 per sq foot).
The average size of a house on WALLERS CLOSE is 70 sq meters (755 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2025 | Other theft | Investigation complete; no suspect identified | On or near Henwood Side |
Jan 2025 | Robbery | Unable to prosecute suspect | On or near Henwood Side |
Apr 2025 | Violence and sexual offences | Unable to prosecute suspect | On or near Wallers Close |
Mar 2025 | Vehicle crime | Unable to prosecute suspect | On or near Wallers Close |
Feb 2025 | Vehicle crime | Investigation complete; no suspect identified | On or near Wallers Close |