£632,585
This estimated value is based upon the latest sale price for the house of £520,000 on 27 Nov 2018. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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116 High Road, Chigwell, IG7 5BJ
Phone: 02036417907
| Price Paid | Date |
|---|---|
| £520,000 | 27 Nov 2018 |
| £330,000 | 30 Jul 2007 |
| £257,950 | 23 Apr 2004 |
| Terraced |
| Freehold |
| Floor Area: 75 sq meters or 807 sq feet |
This model uses changes in the Official Land Registry House Price Index for GREATER LONDON to estimate the market value.
When this house was purchased in November 2018 the House Price Index for GREATER LONDON was 120.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.651%.Applying this 21.651% change to the original purchase price of £520,000 results in an estimated price of approximately £632,585.
| 27 Nov 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 146.7 | 21.651 % | £520,000 | £112,585 | £632,585 |
The Postcode Pricing Model uses changes in average sales price within the IG6 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 | -12.761 % | £-66,356 | £453,643 |
| 3 Month Average | 2.893 % | £15,041 | £535,041 |
| 6 Month Average | 7.639 % | £39,725 | £559,725 |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 14 May 2015.
The average size of a house on HAZEL LANE is 143 sq meters (1,540 sq feet).
This house is the smallest in the street with a floor area of 75 sq meters (807 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Under investigation | On or near Lombardy Close |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Elderberry Close |
| Dec 2023 | Anti-social behaviour | On or near Elderberry Close | |
| Dec 2023 | Anti-social behaviour | On or near Elderberry Close | |
| Dec 2023 | Anti-social behaviour | On or near Elderberry Close |