£837,325
This estimated value is based upon the latest sale price for the house of £830,000 on 8 Aug 2023. This value is then adjusted by the current Official House Price Index for ESSEX 1
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116 High Road, Chigwell, IG7 5BJ
Phone: 02036417907
| Price Paid | Date |
|---|---|
| £830,000 | 8 Aug 2023 |
| £235,000 | 19 Apr 2000 |
| £139,000 | 9 Sep 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 106 sq meters or 1,140 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 August 2023 the House Price Index for ESSEX was 147.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 0.883%.Applying this 0.883% change to the original purchase price of £830,000 results in an estimated price of approximately £837,325.
| 8 Aug 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.3 | 148.6 | 0.883 % | £830,000 | £7,325 | £837,325 |
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 | -7.685 % | £-63,783 | £766,216 |
| 3 Month Average | -30.287 % | £-251,379 | £578,620 |
| 6 Month Average | -17.294 % | £-143,541 | £686,458 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £890,582 | £875,000 | 47 CHIGWELL PARK DRIVE |
| 18 Aug 2023 | £1,190,414 | £1,180,000 | 4 CHIGWELL PARK DRIVE |
| 8 Aug 2023 | £837,325 | £830,000 | 26 COOLGARDIE AVENUE |
| 25 Jul 2023 | £1,206,235 | £1,190,000 | 25 LYNDHURST RISE |
| 8 Mar 2023 | £839,913 | £832,000 | 43 CHIGWELL PARK DRIVE |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 15 Apr 2015. Using an estimated price of £837,325 means this house is valued at £7,899 per sq meter (£733 per sq foot).
The average size of a house on COOLGARDIE AVENUE is 144 sq meters (1,551 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Coolgardie Avenue |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Coolgardie Avenue |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Coolgardie Avenue |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Coolgardie Avenue |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lyndhurst Rise |