£3,262,092
This estimated value is based upon the latest sale price for the house of £2,675,000 on 15 Feb 2019. This value is then adjusted by the current Official House Price Index for ESSEX 1
There has been one burglary within the last year on or near Hatch Side
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116 High Road, Chigwell, IG7 5BJ
Phone: 02036417907
| Price Paid | Date |
|---|---|
| £2,675,000 | 15 Feb 2019 |
| Detached |
| Freehold |
| Floor Area: 428 sq meters or 4,606 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 2019 the House Price Index for ESSEX was 120.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.947%.Applying this 21.947% change to the original purchase price of £2,675,000 results in an estimated price of approximately £3,262,092.
| 15 Feb 2019 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 146.7 | 21.947 % | £2,675,000 | £587,092 | £3,262,092 |
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 | 4.758 % | £127,267 | £2,802,267 |
| 3 Month Average | -16.368 % | £-437,844 | £2,237,155 |
| 6 Month Average | -12.897 % | £-345,002 | £2,329,997 |
This house has a floor area of 428 sq meters or 4,606 sq feet when measured on 17 May 2013.
The average size of a house on FOREST LANE is 320 sq meters (3,449 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| 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 |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Forest Lane |
| Mar 2024 | Burglary | Under investigation | On or near Forest Lane |
| Dec 2023 | Burglary | Under investigation | On or near Forest Lane |