£659,449
This estimated value is based upon the latest sale price for the house of £375,000 on 27 Nov 2009. 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 |
|---|---|
| £375,000 | 27 Nov 2009 |
| £390,000 | 4 Jun 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 November 2009 the House Price Index for ESSEX was 85.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 75.853%.Applying this 75.853% change to the original purchase price of £375,000 results in an estimated price of approximately £659,449.
| 27 Nov 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.1 | 149.7 | 75.853 % | £375,000 | £284,449 | £659,449 |
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 | 94.035 % | £352,632 | £727,632 |
| 3 Month Average | 106.178 % | £398,165 | £773,165 |
| 6 Month Average | 109.634 % | £411,128 | £786,128 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £1,201,673 | £1,180,000 | 4 CHIGWELL PARK DRIVE |
| 8 Aug 2023 | £845,245 | £830,000 | 26 COOLGARDIE AVENUE |
| 8 Mar 2023 | £846,130 | £832,000 | 43 CHIGWELL PARK DRIVE |
| 13 Dec 2021 | £957,886 | £887,500 | 7 LYNDHURST RISE |
| 22 Nov 2021 | £784,454 | £720,000 | 69 COOLGARDIE AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Coolgardie Avenue |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Coolgardie Avenue |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Great Owl Road |
| Sep 2024 | Violence and sexual offences | Local resolution | On or near Lyndhurst Rise |
| Aug 2024 | Other crime | Unable to prosecute suspect | On or near Lyndhurst Rise |