£1,691,435
This estimated value is based upon the latest sale price for the house of £999,999 on 12 Dec 2012. This value is then adjusted by the current Official House Price Index for ESSEX 1
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102 High Road, Chigwell, IG7 6PJ
Phone: 02081667320
| Price Paid | Date |
|---|---|
| £999,999 | 12 Dec 2012 |
| Detached |
| Freehold |
| Floor Area: 224 sq meters or 2,411 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 December 2012 the House Price Index for ESSEX was 87.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.144%.Applying this 69.144% change to the original purchase price of £999,999 results in an estimated price of approximately £1,691,435.
| 12 Dec 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.9 | 148.6 | 69.144 % | £999,999 | £691,436 | £1,691,435 |
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 | 69.329 % | £693,290 | £1,693,289 |
| 3 Month Average | 23.714 % | £237,136 | £1,237,135 |
| 6 Month Average | 39.409 % | £394,084 | £1,394,083 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2023 | £620,428 | £615,000 | 4 BARTON FRIARS |
| 5 Aug 2022 | £648,255 | £650,000 | 3 BARTON FRIARS |
| 10 Jun 2022 | £1,851,161 | £1,825,000 | BROOK LODGE HIGH MEAD |
| 20 May 2022 | £2,293,210 | £2,250,000 | 10 MEADOW WAY |
| 18 Feb 2022 | £1,730,346 | £1,650,000 | 11 PARKLAND CLOSE |
This house has a floor area of 224 sq meters or 2,411 sq feet when measured on 3 Aug 2012. Using an estimated price of £1,691,435 means this house is valued at £7,551 per sq meter (£701 per sq foot).
The average size of a house on COURTLAND DRIVE is 260 sq meters (2,803 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near High Mead |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near High Mead |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Parkland Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Kings Mews |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near King'S Mews |