£852,838
This estimated value is based upon the latest sale price for the house of £398,000 on 14 Jan 2004. 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 |
---|---|
£398,000 | 14 Jan 2004 |
£430,000 | 9 May 2003 |
Flats/Maisonettes |
Leasehold |
Floor Area: 135 sq meters or 1,453 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 January 2004 the House Price Index for GREATER LONDON was 69.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 114.281%.Applying this 114.281% change to the original purchase price of £398,000 results in an estimated price of approximately £852,838.
14 Jan 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
69.3 | 148.6 | 114.281 % | £398,000 | £454,838 | £852,838 |
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 | 155.827 % | £620,189 | £1,018,189 |
3 Month Average | 163.804 % | £651,938 | £1,049,938 |
6 Month Average | 137.854 % | £548,660 | £946,660 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Dec 2023 | £539,438 | £530,000 | FLAT 25 DEVONSHIRE HOUSE BRANDESBURY SQUARE |
27 Jun 2023 | £1,290,634 | £1,275,000 | 9 BRANDESBURY SQUARE |
17 Jan 2023 | £846,015 | £850,000 | FLAT 2 GAINSBOROUGH HOUSE BRANDESBURY SQUARE |
30 Sep 2022 | £734,072 | £740,000 | FLAT 7 GOLDSMITH HOUSE BRANDESBURY SQUARE |
24 Jun 2022 | £426,021 | £420,000 | FLAT 4 KENSINGTON HOUSE RICHMOND DRIVE |
This house has a floor area of 135 sq meters or 1,453 sq feet when measured on 28 Jan 2020. Using an estimated price of £852,838 means this house is valued at £6,317 per sq meter (£586 per sq foot).
The average size of a house on BRANDESBURY SQUARE is 161 sq meters (1,739 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 |
Dec 2023 | Vehicle crime | Under investigation | On or near Lombardy Close |
Jan 2024 | Anti-social behaviour | On or near Hampstead Avenue | |
Jan 2024 | Anti-social behaviour | On or near Hampstead Avenue |