£590,883
This estimated value is based upon the latest sale price for the house of £500,000 on 28 Oct 2020. This value is then adjusted by the current Official House Price Index for ESSEX 1
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186 MANOR ROAD, Chigwell, IG7 5PZ
Phone: 02034630333
| Price Paid | Date |
|---|---|
| £500,000 | 28 Oct 2020 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 76 sq meters or 818 sq feet |
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 October 2020 the House Price Index for ESSEX was 126.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 18.177%.Applying this 18.177% change to the original purchase price of £500,000 results in an estimated price of approximately £590,883.
| 28 Oct 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 149.7 | 18.177 % | £500,000 | £90,883 | £590,883 |
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 | 25.240 % | £126,200 | £626,200 |
| 3 Month Average | 8.447 % | £42,233 | £542,233 |
| 6 Month Average | 6.054 % | £30,268 | £530,268 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Aug 2023 | £789,235 | £775,000 | 6 LECHMERE AVENUE |
| 22 Mar 2023 | £729,686 | £717,500 | 50 LECHMERE AVENUE |
| 26 Jul 2022 | £1,686,903 | £1,670,000 | 128 MANOR ROAD |
| 21 Sep 2021 | £542,785 | £500,000 | FLAT 1 IMPERIAL HEIGHTS, 126 MANOR ROAD |
| 2 Sep 2021 | £922,734 | £850,000 | 3 LINKSIDE |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 29 Apr 2019. Using an estimated price of £590,883 means this house is valued at £7,774 per sq meter (£722 per sq foot).
The average size of a house on MANOR ROAD is 224 sq meters (2,412 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Petrol Station |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Petrol Station |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Petrol Station |
| Sep 2024 | Public order | Unable to prosecute suspect | On or near Petrol Station |
| Aug 2024 | Public order | Investigation complete; no suspect identified | On or near Petrol Station |