£1,276,718
This estimated value is based upon the latest sale price for the house of £1,275,000 on 20 Dec 2022. 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 |
|---|---|
| £1,275,000 | 20 Dec 2022 |
| Semi-Detached |
| Freehold |
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 2022 the House Price Index for GREATER LONDON was 148.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 0.135%.Applying this 0.135% change to the original purchase price of £1,275,000 results in an estimated price of approximately £1,276,718.
| 20 Dec 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.4 | 148.6 | 0.135 % | £1,275,000 | £1,718 | £1,276,718 |
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 | -21.572 % | £-275,045 | £999,954 |
| 3 Month Average | -26.401 % | £-336,619 | £938,380 |
| 6 Month Average | -5.238 % | £-66,783 | £1,208,216 |
| 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 |
| 13 May 2022 | £1,009,012 | £990,000 | 14 BRANDESBURY SQUARE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Brandesbury Square |
| Mar 2024 | Vehicle crime | Under investigation | On or near Brandesbury Square |
| Feb 2024 | Anti-social behaviour | On or near Brandesbury Square | |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Tomswood Hill |
| Apr 2024 | Drugs | Under investigation | On or near The Boulevard |