£2,504,652
This estimated value is based upon the latest sale price for the house of £925,000 on 27 Aug 2002. 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 |
|---|---|
| £925,000 | 27 Aug 2002 |
| Detached |
| Freehold |
| Floor Area: 252 sq meters or 2,712 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 August 2002 the House Price Index for ESSEX was 54.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 170.773%.Applying this 170.773% change to the original purchase price of £925,000 results in an estimated price of approximately £2,504,652.
| 27 Aug 2002 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 54.2 | 146.7 | 170.773 % | £925,000 | £1,579,652 | £2,504,652 |
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 | 82.404 % | £762,233 | £1,687,233 |
| 3 Month Average | 95.344 % | £881,931 | £1,806,931 |
| 6 Month Average | 121.524 % | £1,124,095 | £2,049,095 |
This house has a floor area of 252 sq meters or 2,712 sq feet when measured on 22 Oct 2019.
The average size of a house on MANOR ROAD is 224 sq meters (2,412 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near New Forest Lane |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Audleigh Place |
| Feb 2024 | Other theft | Unable to prosecute suspect | On or near Audleigh Place |
| Dec 2023 | Anti-social behaviour | On or near Audleigh Place | |
| Dec 2023 | Anti-social behaviour | On or near Audleigh Place |