£626,219
This estimated value is based upon the latest sale price for the house of £627,500 on 6 Jun 2023. 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 |
---|---|
£627,500 | 6 Jun 2023 |
£570,000 | 26 Jun 2020 |
£501,000 | 18 Dec 2015 |
£247,500 | 22 Jun 2005 |
£161,000 | 25 May 2001 |
Terraced |
Freehold |
Floor Area: 109 sq meters or 1,173 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 June 2023 the House Price Index for ESSEX was 147.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of -0.204%.Applying this -0.204% change to the original purchase price of £627,500 results in an estimated price of approximately £626,219.
6 Jun 2023 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
147.0 | 146.7 | -0.204 % | £627,500 | £-1,280 | £626,219 |
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 | 18.116 % | £113,676 | £741,176 |
3 Month Average | 7.188 % | £45,104 | £672,604 |
6 Month Average | -2.557 % | £-16,043 | £611,456 |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 10 Sep 2019.
The average size of a house on SMEATON ROAD is 88 sq meters (950 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Under investigation | On or near Love Lane |
Dec 2023 | Anti-social behaviour | On or near Brunel Road | |
Dec 2023 | Anti-social behaviour | On or near Brunel Road | |
Dec 2023 | Anti-social behaviour | On or near Brunel Road | |
Dec 2023 | Anti-social behaviour | On or near Brunel Road |