£301,375
This estimated value is based upon the latest sale price for the house of £185,000 on 9 Feb 2007. 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 |
---|---|
£185,000 | 9 Feb 2007 |
Semi-Detached |
Freehold |
Floor Area: 104 sq meters or 1,119 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 February 2007 the House Price Index for ESSEX was 91.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 62.906%.Applying this 62.906% change to the original purchase price of £185,000 results in an estimated price of approximately £301,375.
9 Feb 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
91.2 | 148.6 | 62.906 % | £185,000 | £116,375 | £301,375 |
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 | 94.045 % | £173,984 | £358,984 |
3 Month Average | 43.565 % | £80,596 | £265,596 |
6 Month Average | 49.550 % | £91,667 | £276,667 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Oct 2022 | £351,218 | £355,000 | 86 LIMES AVENUE |
9 Aug 2022 | £339,087 | £340,000 | 182 LIMES AVENUE |
11 Jan 2022 | £170,490 | £162,000 | 366 LIMES AVENUE |
30 Nov 2021 | £237,933 | £220,000 | 140 LIMES AVENUE |
29 Jun 2021 | £337,971 | £315,000 | 286 LIMES AVENUE |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 17 Nov 2013. Using an estimated price of £301,375 means this house is valued at £2,897 per sq meter (£269 per sq foot).
The average size of a house on LIMES AVENUE is 81 sq meters (873 sq feet).