£708,481
This estimated value is based upon the latest sale price for the house of £410,000 on 15 Jul 2011. This value is then adjusted by the current Official House Price Index for ESSEX 1
Get our free house price tracker.
116 High Road, Chigwell, IG7 5BJ
Phone: 02036417907
| Price Paid | Date |
|---|---|
| £410,000 | 15 Jul 2011 |
| £181,000 | 26 Feb 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 119 sq meters or 1,289 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 July 2011 the House Price Index for ESSEX was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.800%.Applying this 72.800% change to the original purchase price of £410,000 results in an estimated price of approximately £708,481.
| 15 Jul 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.800 % | £410,000 | £298,481 | £708,481 |
The Postcode Pricing Model uses changes in average sales price within the IG8 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 | 73.425 % | £301,043 | £711,043 |
| 3 Month Average | 85.653 % | £351,178 | £761,178 |
| 6 Month Average | 73.230 % | £300,243 | £710,243 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £678,435 | £672,500 | 4 ST MARYS WAY |
| 15 Jun 2023 | £762,233 | £753,000 | 24 EMMAUS WAY |
| 6 Apr 2023 | £1,920,680 | £1,900,000 | 6 TOMSWOOD ROAD |
| 10 Feb 2023 | £359,758 | £360,000 | FLAT 2 MAYFAIR COURT, 32A MANOR ROAD |
| 25 Jul 2022 | £671,808 | £670,000 | 16 ST MARYS WAY |
This house has a floor area of 119 sq meters or 1,289 sq feet when measured on 8 Apr 2011. Using an estimated price of £708,482 means this house is valued at £5,912 per sq meter (£549 per sq foot).
The average size of a house on ELY PLACE is 122 sq meters (1,319 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Emmaus Way |
| Dec 2023 | Vehicle crime | Under investigation | On or near Emmaus Way |
| Jan 2024 | Robbery | Unable to prosecute suspect | On or near Turpin'S Lane |
| Dec 2023 | Robbery | Unable to prosecute suspect | On or near Turpin'S Lane |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Turpin'S Lane |