£3,413,068
This estimated value is based upon the latest sale price for the house of £705,000 on 19 Feb 1998. 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 |
|---|---|
| £705,000 | 19 Feb 1998 |
| 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 February 1998 the House Price Index for ESSEX was 30.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 384.123%.Applying this 384.123% change to the original purchase price of £705,000 results in an estimated price of approximately £3,413,068.
| 19 Feb 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 30.9 | 149.7 | 384.123 % | £705,000 | £2,708,068 | £3,413,068 |
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 | 183.034 % | £1,290,386 | £1,995,386 |
| 3 Month Average | 302.354 % | £2,131,596 | £2,836,596 |
| 6 Month Average | 347.543 % | £2,450,179 | £3,155,179 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Jul 2024 | £750,000 | £750,000 | 27 BRACKEN DRIVE |
| 28 Sep 2023 | £1,298,627 | £1,270,000 | 24 BRACKEN DRIVE |
| 14 Sep 2023 | £812,920 | £795,000 | 16 BRACKEN DRIVE |
| 2 Aug 2023 | £2,113,112 | £2,075,000 | 90 BRACKEN DRIVE |
| 13 Jun 2023 | £806,155 | £790,000 | 13 BRACKEN DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Manor Road |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Bracken Drive |
| Jul 2024 | Anti-social behaviour | On or near Stradbroke Drive | |
| Jul 2024 | Anti-social behaviour | On or near Stradbroke Drive | |
| Jul 2024 | Anti-social behaviour | On or near Stradbroke Drive |