£2,593,474
This estimated value is based upon the latest sale price for the house of £870,000 on 28 Mar 2002. This value is then adjusted by the current Official House Price Index for ESSEX 1
There has been one burglary within the last year on or near Stradbroke Drive
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116 High Road, Chigwell, IG7 5BJ
Phone: 02036417907
| Price Paid | Date |
|---|---|
| £870,000 | 28 Mar 2002 |
| Detached |
| Freehold |
| Floor Area: 387 sq meters or 4,165 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 March 2002 the House Price Index for ESSEX was 49.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 198.101%.Applying this 198.101% change to the original purchase price of £870,000 results in an estimated price of approximately £2,593,474.
| 28 Mar 2002 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 49.2 | 146.7 | 198.101 % | £870,000 | £1,723,474 | £2,593,474 |
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 | 190.750 % | £1,659,526 | £2,529,526 |
| 3 Month Average | 115.758 % | £1,007,095 | £1,877,095 |
| 6 Month Average | 151.992 % | £1,322,328 | £2,192,328 |
This house has a floor area of 387 sq meters or 4,165 sq feet when measured on 7 Mar 2017.
The average size of a house on STRADBROKE DRIVE is 526 sq meters (5,668 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Stradbroke Drive |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Stradbroke Drive |
| Feb 2024 | Other theft | Unable to prosecute suspect | On or near Stradbroke Drive |
| Jan 2024 | Burglary | Under investigation | On or near Stradbroke Drive |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Glenside |