£340,836
This estimated value is based upon the latest sale price for the house of £179,500 on 22 Oct 2004. This value is then adjusted by the current Official House Price Index for ESSEX 1
Get our free house price tracker.
186 MANOR ROAD, Chigwell, IG7 5PZ
Phone: 02034630333
| Price Paid | Date |
|---|---|
| £179,500 | 22 Oct 2004 |
| £128,000 | 9 Aug 2002 |
| Semi-Detached |
| Leasehold |
| Floor Area: 60 sq meters or 645 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 October 2004 the House Price Index for ESSEX was 78.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 89.881%.Applying this 89.881% change to the original purchase price of £179,500 results in an estimated price of approximately £340,836.
| 22 Oct 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 78.3 | 148.6 | 89.881 % | £179,500 | £161,336 | £340,836 |
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 | 56.845 % | £102,036 | £281,536 |
| 3 Month Average | 27.445 % | £49,263 | £228,763 |
| 6 Month Average | 56.386 % | £101,212 | £280,712 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £340,000 | £340,000 | 41 SHRUBLANDS CLOSE |
| 8 Nov 2023 | £337,497 | £332,500 | 20 SHRUBLANDS CLOSE |
| 28 Sep 2023 | £1,286,449 | £1,270,000 | 24 BRACKEN DRIVE |
| 14 Sep 2023 | £805,297 | £795,000 | 16 BRACKEN DRIVE |
| 18 Feb 2022 | £1,520,607 | £1,450,000 | 48 BRACKEN DRIVE |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 14 Oct 2019. Using an estimated price of £340,836 means this house is valued at £5,680 per sq meter (£527 per sq foot).
The average size of a house on SHRUBLANDS CLOSE is 63 sq meters (679 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Murtwell Drive |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Murtwell Drive |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near The Shrubberies |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near The Shrubberies |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near The Shrubberies |