£3,552,246
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 20.7.
The House Price Index as of 1 Mar 2025 is 104.3 which is a change of 403.865%.Applying this 403.865% change to the original purchase price of £705,000 results in an estimated price of approximately £3,552,246.
19 Feb 1998 | 1 Mar 2025 | % change | Purchase Price | Gain / Loss | Estimated Price |
20.7 | 104.3 | 403.865 % | £705,000 | £2,847,246 | £3,552,246 |
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 | 185.671 % | £1,308,982 | £2,013,982 |
3 Month Average | 255.603 % | £1,802,003 | £2,507,003 |
6 Month Average | 331.843 % | £2,339,494 | £3,044,494 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Jan 2025 | £818,180 | £797,000 | 15 BRACKEN DRIVE |
28 Sep 2023 | £1,350,265 | £1,270,000 | 24 BRACKEN DRIVE |
14 Sep 2023 | £845,245 | £795,000 | 16 BRACKEN DRIVE |
13 Jun 2023 | £836,518 | £790,000 | 13 BRACKEN DRIVE |
5 Apr 2023 | £2,856,085 | £2,700,000 | FLAT 5 TAMARA COURT, 46 STRADBROKE DRIVE |
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2025 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Glenside |
Apr 2025 | Vehicle crime | Under investigation | On or near Bracken Drive |
Feb 2025 | Burglary | Investigation complete; no suspect identified | On or near Bracken Drive |
Jan 2025 | Burglary | Investigation complete; no suspect identified | On or near Stradbroke Drive |
Apr 2025 | Violence and sexual offences | Under investigation | On or near Shakespeare Square |