£644,950
This estimated value is based upon the latest sale price for the house of £359,000 on 4 Sep 2009. This value is then adjusted by the current Official House Price Index for ESSEX 1
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102 High Road, Chigwell, IG7 6PJ
Phone: 02081667320
Price Paid | Date |
---|---|
£359,000 | 4 Sep 2009 |
£300,000 | 3 Jan 2008 |
£185,000 | 1 Jul 1998 |
£104,000 | 24 Oct 1996 |
Semi-Detached |
Freehold |
Floor Area: 122 sq meters or 1,313 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 September 2009 the House Price Index for ESSEX was 83.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 79.652%.Applying this 79.652% change to the original purchase price of £359,000 results in an estimated price of approximately £644,950.
4 Sep 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
83.3 | 149.7 | 79.652 % | £359,000 | £285,950 | £644,950 |
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 | 22.191 % | £79,665 | £438,665 |
3 Month Average | 114.548 % | £411,228 | £770,228 |
6 Month Average | 94.001 % | £337,462 | £696,462 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 May 2024 | £2,000,000 | £2,000,000 | 2 PARKLAND CLOSE |
8 Mar 2024 | £1,696,058 | £1,670,000 | 5 BARTON CLOSE |
31 Aug 2023 | £458,265 | £450,000 | 1 BARTON FRIARS |
31 Aug 2023 | £626,296 | £615,000 | 4 BARTON FRIARS |
5 Jan 2023 | £2,401,416 | £2,395,000 | MILLSTONE, 6 LINGMERE CLOSE |
This house has a floor area of 122 sq meters or 1,313 sq feet when measured on 23 Jan 2020. Using an estimated price of £644,951 means this house is valued at £5,286 per sq meter (£491 per sq foot).
The average size of a house on HIGH ROAD is 212 sq meters (2,286 sq feet).