£1,436,012
This estimated value is based upon the latest sale price for the house of £250,000 on 11 Aug 1995. 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 |
|---|---|
| £250,000 | 11 Aug 1995 |
| Detached |
| Freehold |
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 1995 the House Price Index for ESSEX was 26.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 474.405%.Applying this 474.405% change to the original purchase price of £250,000 results in an estimated price of approximately £1,436,012.
| 11 Aug 1995 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.1 | 149.7 | 474.405 % | £250,000 | £1,186,012 | £1,436,012 |
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 | 223.647 % | £559,118 | £809,118 |
| 3 Month Average | 366.525 % | £916,313 | £1,166,313 |
| 6 Month Average | 388.296 % | £970,740 | £1,220,740 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 May 2024 | £2,000,000 | £2,000,000 | 2 PARKLAND CLOSE |
| 8 Mar 2024 | £1,696,058 | £1,670,000 | 5 BARTON CLOSE |
| 31 Aug 2023 | £626,296 | £615,000 | 4 BARTON FRIARS |
| 31 Aug 2023 | £458,265 | £450,000 | 1 BARTON FRIARS |
| 5 Jan 2023 | £2,401,416 | £2,395,000 | MILLSTONE, 6 LINGMERE CLOSE |