£1,650,666
This estimated value is based upon the latest sale price for the house of £1,290,000 on 17 Mar 2017. 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 |
---|---|
£1,290,000 | 17 Mar 2017 |
£740,000 | 9 Sep 2013 |
Detached |
Freehold |
Floor Area: 111 sq meters or 1,194 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 2017 the House Price Index for ESSEX was 114.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 27.959%.Applying this 27.959% change to the original purchase price of £1,290,000 results in an estimated price of approximately £1,650,666.
17 Mar 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
114.6 | 146.7 | 27.959 % | £1,290,000 | £360,666 | £1,650,666 |
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 | -14.128 % | £-182,253 | £1,107,746 |
3 Month Average | -11.388 % | £-146,901 | £1,143,098 |
6 Month Average | -8.474 % | £-109,315 | £1,180,684 |
This house has a floor area of 111 sq meters or 1,194 sq feet when measured on 13 Apr 2012.
The average size of a house on LEE GROVE is 222 sq meters (2,396 sq feet).
This house is the smallest in the street with a floor area of 111 sq meters (1,194 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Robbery | Under investigation | On or near Lee Grove |
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Lee Grove |
Mar 2024 | Anti-social behaviour | On or near Chigwell Rise | |
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Chigwell Rise |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Chigwell Rise |