£233,090
This estimated value is based upon the latest sale price for the house of £150,000 on 14 Mar 2014. 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 |
|---|---|
| £150,000 | 14 Mar 2014 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 42 sq meters or 452 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 2014 the House Price Index for ESSEX was 94.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 55.394%.Applying this 55.394% change to the original purchase price of £150,000 results in an estimated price of approximately £233,090.
| 14 Mar 2014 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.4 | 146.7 | 55.394 % | £150,000 | £83,090 | £233,090 |
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 | 58.260 % | £87,389 | £237,389 |
| 3 Month Average | 73.619 % | £110,428 | £260,428 |
| 6 Month Average | 56.387 % | £84,579 | £234,579 |
This house has a floor area of 42 sq meters or 452 sq feet when measured on 15 Sep 2020.
The average size of a house on LOVE LANE is 87 sq meters (940 sq feet).
This house is the smallest in the street with a floor area of 42 sq meters (452 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Love Lane | |
| Mar 2024 | Anti-social behaviour | On or near Love Lane | |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Love Lane |