£1,260,880
This estimated value is based upon the latest sale price for the house of £625,000 on 16 Aug 2004. This value is then adjusted by the current Official House Price Index for ESSEX 1
There has been one burglary within the last year on or near Lee Grove
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22 High Road, Brook Parade, Chigwell, IG7 6PF
Phone: 02035447943
Price Paid | Date |
---|---|
£625,000 | 16 Aug 2004 |
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 August 2004 the House Price Index for ESSEX was 51.7.
The House Price Index as of 1 Mar 2025 is 104.3 which is a change of 101.741%.Applying this 101.741% change to the original purchase price of £625,000 results in an estimated price of approximately £1,260,880.
16 Aug 2004 | 1 Mar 2025 | % change | Purchase Price | Gain / Loss | Estimated Price |
51.7 | 104.3 | 101.741 % | £625,000 | £635,880 | £1,260,880 |
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 | 34.339 % | £214,620 | £839,620 |
3 Month Average | 73.734 % | £460,838 | £1,085,838 |
6 Month Average | 98.252 % | £614,073 | £1,239,073 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Dec 2024 | £1,134,817 | £1,100,000 | 19 BROOK RISE |
28 Jun 2023 | £1,691,037 | £1,597,000 | 47 LEE GROVE |
28 Jan 2022 | £1,341,000 | £1,215,000 | 22 BROOK WAY |
28 Sep 2021 | £1,918,939 | £1,700,000 | 12 BROOK WAY |
25 Jun 2021 | £2,247,845 | £2,000,000 | 26 BROOK WAY |
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2025 | Burglary | Under investigation | On or near Lee Grove |
Mar 2025 | Burglary | Investigation complete; no suspect identified | On or near Chigwell Rise |
Mar 2025 | Anti-social behaviour | On or near Chigwell Rise | |
Mar 2025 | Anti-social behaviour | On or near Chigwell Rise | |
Mar 2025 | Burglary | Under investigation | On or near Chigwell Rise |