£1,368,985
This estimated value is based upon the latest sale price for the house of £1,100,000 on 1 Mar 2019. This value is then adjusted by the current Official House Price Index for ESSEX 1
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22 High Road, Brook Parade, Chigwell, IG7 6PF
Phone: 02035447943
| Price Paid | Date |
|---|---|
| £1,100,000 | 1 Mar 2019 |
| £720,000 | 18 Jun 2010 |
| £645,000 | 30 Mar 2007 |
| Detached |
| Freehold |
| Floor Area: 151 sq meters or 1,630 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 2019 the House Price Index for ESSEX was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.453%.Applying this 24.453% change to the original purchase price of £1,100,000 results in an estimated price of approximately £1,368,985.
| 1 Mar 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.453 % | £1,100,000 | £268,985 | £1,368,985 |
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 | -23.924 % | £-263,161 | £836,838 |
| 3 Month Average | 4.613 % | £50,738 | £1,150,738 |
| 6 Month Average | 1.397 % | £15,364 | £1,115,364 |
| 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 Jan 2022 | £1,288,141 | £1,215,000 | 22 BROOK WAY |
| 25 Jun 2021 | £2,161,733 | £2,000,000 | 26 BROOK WAY |
| 10 Nov 2020 | £1,751,903 | £1,500,000 | 46 CHIGWELL RISE |
This house has a floor area of 151 sq meters or 1,630 sq feet when measured on 24 Mar 2009. Using an estimated price of £1,368,986 means this house is valued at £9,036 per sq meter (£839 per sq foot).
The average size of a house on CHIGWELL RISE is 238 sq meters (2,563 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| 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 |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Chigwell Rise |
| Sep 2024 | Anti-social behaviour | On or near Brook Way |