£1,607,674
This estimated value is based upon the latest sale price for the house of £289,000 on 2 Sep 1996. 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 |
|---|---|
| £289,000 | 2 Sep 1996 |
| Detached |
| Freehold |
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 September 1996 the House Price Index for ESSEX was 26.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 456.289%.Applying this 456.289% change to the original purchase price of £289,000 results in an estimated price of approximately £1,607,674.
| 2 Sep 1996 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.9 | 149.7 | 456.289 % | £289,000 | £1,318,674 | £1,607,674 |
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 | 310.203 % | £896,485 | £1,185,485 |
| 3 Month Average | 383.035 % | £1,106,969 | £1,395,969 |
| 6 Month Average | 420.178 % | £1,214,315 | £1,503,315 |
| 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 Sep 2021 | £1,845,468 | £1,700,000 | 12 BROOK WAY |
| 10 Nov 2020 | £1,751,903 | £1,500,000 | 46 CHIGWELL RISE |
| 11 Aug 2020 | £2,132,018 | £1,765,000 | 36 LEE GROVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Lee Grove |
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Lee Grove |
| 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 |