£2,031,236
This estimated value is based upon the latest sale price for the house of £1,477,500 on 17 Nov 2015. 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 |
|---|---|
| £1,477,500 | 17 Nov 2015 |
| £1,200,000 | 12 May 2015 |
| Detached |
| Freehold |
| Floor Area: 316 sq meters or 3,401 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 2015 the House Price Index for ESSEX was 106.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 37.478%.Applying this 37.478% change to the original purchase price of £1,477,500 results in an estimated price of approximately £2,031,236.
| 17 Nov 2015 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 106.7 | 146.7 | 37.478 % | £1,477,500 | £553,736 | £2,031,236 |
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 | 16.139 % | £238,451 | £1,715,951 |
| 3 Month Average | -7.855 % | £-116,060 | £1,361,439 |
| 6 Month Average | 2.064 % | £30,493 | £1,507,993 |
This house has a floor area of 316 sq meters or 3,401 sq feet when measured on 6 Oct 2014.
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 | Violence and sexual offences | Under investigation | On or near Luxborough Lane |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Luxborough Lane |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Luxborough Lane |