£1,168,866
This estimated value is based upon the latest sale price for the house of £700,000 on 20 Dec 2012. 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 |
---|---|
£700,000 | 20 Dec 2012 |
£280,000 | 2 Feb 2001 |
Semi-Detached |
Freehold |
Floor Area: 202 sq meters or 2,174 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 2012 the House Price Index for ESSEX was 87.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 66.981%.Applying this 66.981% change to the original purchase price of £700,000 results in an estimated price of approximately £1,168,866.
20 Dec 2012 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.9 | 146.7 | 66.981 % | £700,000 | £468,866 | £1,168,866 |
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 | 69.329 % | £485,304 | £1,185,304 |
3 Month Average | 23.714 % | £165,995 | £865,995 |
6 Month Average | 39.409 % | £275,859 | £975,859 |
This house has a floor area of 202 sq meters or 2,174 sq feet when measured on 2 Jul 2012.
The average size of a house on CHIGWELL PARK DRIVE is 131 sq meters (1,419 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Coolgardie Avenue |
Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Coolgardie Avenue |
Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Coolgardie Avenue |
Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Coolgardie Avenue |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lyndhurst Rise |