£617,765
This estimated value is based upon the latest sale price for the house of £299,995 on 26 Apr 2004. 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 |
|---|---|
| £299,995 | 26 Apr 2004 |
| £106,000 | 16 Jan 1997 |
| Terraced |
| Freehold |
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 April 2004 the House Price Index for ESSEX was 72.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 105.925%.Applying this 105.925% change to the original purchase price of £299,995 results in an estimated price of approximately £617,765.
| 26 Apr 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 72.7 | 149.7 | 105.925 % | £299,995 | £317,770 | £617,765 |
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 | 135.786 % | £407,352 | £707,347 |
| 3 Month Average | 125.612 % | £376,828 | £676,823 |
| 6 Month Average | 128.175 % | £384,519 | £684,514 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Aug 2024 | £505,000 | £505,000 | 8 BRUNEL ROAD |
| 28 Mar 2024 | £568,738 | £560,000 | 31 BRUNEL ROAD |
| 27 Oct 2023 | £665,106 | £650,000 | 6 BRUNEL ROAD |
| 3 Mar 2023 | £300,010 | £295,000 | 1 LOVE LANE |
| 20 Jan 2023 | £521,393 | £520,000 | 54 BRUNEL ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Nov 2024 | Violence and sexual offences | Under investigation | On or near Smeaton Road |
| Aug 2024 | Anti-social behaviour | On or near Smeaton Road | |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Smeaton Road |
| Aug 2024 | Anti-social behaviour | On or near Smeaton Road |