£1,192,602
This estimated value is based upon the latest sale price for the house of £985,000 on 8 Nov 2019. 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 |
---|---|
£985,000 | 8 Nov 2019 |
Flats/Maisonettes |
Leasehold |
Floor Area: 110 sq meters or 1,184 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 November 2019 the House Price Index for ESSEX was 121.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.076%.Applying this 21.076% change to the original purchase price of £985,000 results in an estimated price of approximately £1,192,602.
8 Nov 2019 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.2 | 146.7 | 21.076 % | £985,000 | £207,602 | £1,192,602 |
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 | -21.544 % | £-212,207 | £772,792 |
3 Month Average | -10.132 % | £-99,795 | £885,204 |
6 Month Average | -13.982 % | £-137,719 | £847,280 |
This house has a floor area of 110 sq meters or 1,184 sq feet when measured on 11 Sep 2019.
The average size of a house on HIGH ROAD is 212 sq meters (2,282 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lyndhurst Rise |
Dec 2023 | Other crime | Investigation complete; no suspect identified | On or near Lyndhurst Rise |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Tudor Close |
Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Hatch Side |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hatch Side |