£524,591
This estimated value is based upon the latest sale price for the house of £430,000 on 26 Jun 2020. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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1885 High Road, Chadwell Heath, RM6 4AL
Phone: 02081667329
| Price Paid | Date |
|---|---|
| £430,000 | 26 Jun 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 102 sq meters or 1,097 sq feet |
This model uses changes in the Official Land Registry House Price Index for GREATER LONDON to estimate the market value.
When this house was purchased in June 2020 the House Price Index for GREATER LONDON was 122.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.998%.Applying this 21.998% change to the original purchase price of £430,000 results in an estimated price of approximately £524,591.
| 26 Jun 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.7 | 149.7 | 21.998 % | £430,000 | £94,591 | £524,591 |
The Postcode Pricing Model uses changes in average sales price within the RM6 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 | 13.377 % | £57,519 | £487,519 |
| 3 Month Average | -4.153 % | £-17,856 | £412,143 |
| 6 Month Average | 13.152 % | £56,554 | £486,554 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 May 2024 | £460,000 | £460,000 | 51 ROXY AVENUE |
| 13 Jan 2023 | £471,259 | £470,000 | 13 FAUNA CLOSE |
| 19 May 2022 | £523,642 | £510,000 | 87 ROXY AVENUE |
| 21 Mar 2022 | £527,186 | £505,000 | 62 ROXY AVENUE |
| 8 Dec 2021 | £782,498 | £725,000 | 48 FLORA GARDENS |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 2 Nov 2019. Using an estimated price of £524,591 means this house is valued at £5,143 per sq meter (£477 per sq foot).
The average size of a house on FAUNA CLOSE is 103 sq meters (1,114 sq feet).
This house is the largest in the street with a floor area of 102 sq meters (1,097 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Under investigation | On or near Roxy Avenue |