£781,872
This estimated value is based upon the latest sale price for the house of £630,000 on 15 Dec 2017. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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116 High Road, Chigwell, IG7 5BJ
Phone: 02036417907
| Price Paid | Date |
|---|---|
| £630,000 | 15 Dec 2017 |
| £490,000 | 13 Nov 2009 |
| £395,000 | 16 May 2007 |
| £383,500 | 8 Jul 2005 |
| £309,950 | 8 Nov 2002 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 124 sq meters or 1,334 sq feet |
This model uses changes in the Official Land Registry House Price Index for GREATER LONDON to estimate the market value.
When this house was purchased in December 2017 the House Price Index for GREATER LONDON was 118.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 24.107%.Applying this 24.107% change to the original purchase price of £630,000 results in an estimated price of approximately £781,872.
| 15 Dec 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.2 | 146.7 | 24.107 % | £630,000 | £151,872 | £781,872 |
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 | 31.210 % | £196,624 | £826,624 |
| 3 Month Average | 40.688 % | £256,334 | £886,334 |
| 6 Month Average | 13.592 % | £85,628 | £715,628 |
This house has a floor area of 124 sq meters or 1,334 sq feet when measured on 13 Sep 2021.
The average size of a house on RICHMOND DRIVE is 116 sq meters (1,255 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Richmond Drive |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Richmond Drive |
| Jan 2024 | Anti-social behaviour | On or near Hampstead Avenue | |
| Jan 2024 | Other crime | Under investigation | On or near Hampstead Avenue |
| Jan 2024 | Anti-social behaviour | On or near Hampstead Avenue |